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earned net income of $466,800 in 2020 and had 91,000 shares of common stock outstanding throughout the year. Also outstanding all year was $850,000 of
earned net income of $466,800 in 2020 and had 91,000 shares of common stock outstanding throughout the year. Also outstanding all year was $850,000 of 5% bonds, which are convertible into 19,000 shares of common. I rate is 20 percent. s tax Compute 5 2020 diluted earnings per share. Diluted earnings per share $ $
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