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esrning per share is correct but the rest is incorrect For the year ended December 31, 2021, Norstar Industries reported net income of $915,000. At

esrning per share is correct but the rest is incorrect image text in transcribed
For the year ended December 31, 2021, Norstar Industries reported net income of $915,000. At January 1, 2021, the company had 760,000 common shares outstanding. The following changes in the number of shares occurred during 2021: Apr. 30 sold 35,000 shares in a public offering. May 24 Declared and distributed a 51 stock dividend. 1 Issued 30,000 shares as part of the consideration for the purchase of assets from a subsidiary, Required: Compute Norstar's earnings per share for the year ended December 31, 2021. (Enter your answers in thousands. Round "EPS" answer to 2 decimal places. Do not round intermediate calculations.) June Numerator $ 915,000/ Denominator = Earnings per Share 840,000 = $ 1.09

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