Earnings per Share Leland Corporation began the year with 140,000 shares of common stock outstanding. On March 1 an additional 12,000 shares of common stock were issued. On August 1, another 18,000 shares of common stock were issued. On November 1, 8,000 shares of common stock were acquired as Treasury Stock. Leland Corporation's net income for the calendar year is $ 500,000.

Required

Calculate the company's earnings per share.

Earnings per Share $Answer