Exercise 19-13 EPS; treasury stock; new shares; stock dividends; two years [LO19-5, 19-6] The Alford Group had 250,000 shares of common stock outstanding at January 1, 2018. The following activities affected common shares during the year. There are no potential common shares outstanding 2018 Feb. 28 Purchased 3,000 shares of treasury stock. Oct. 31 Sold the treasury shares purchased on February 28 Nov. 30 Issued 12,000 new shares. Dec. 31 Net income for 2018 is $1,494,000 2019 Jan. 15 Declared and issued a 2-for-1 stock split Dec. 31 Net income for 2019 is $1,494,000 Required 1. Determine the 2018 EPS 2. Determine the 2019 EPS 3. At what amount will the 2018 EPS be presented in the 2019 comparative financial statements? (For all requirements, Enter your answers in thousands.) Earnings per Share Denominator 249,000 524,000 498,000 Numerator 1. $1,494,000 x 2. $ 1,494,000x 3.$1,494,000 6.00 2.85 3.00