Exercise 19-20 EPS; shares issued; stock options [L019-6, 19-7, 19-8, 19-9] Stanley Department Stores reported net income of $881,000 for the year ended December 31, 2018. Additional Information: Common shares outstanding at Jan. 1, 2018 Incentive stock options (vested in 2017) outstanding throughout 2018 (Each option is exercisable for one common share at an exercise price of $26.50) During the year, the market price of Stanley's common stock averaged $31.8 per share. On Aug.30 Stanley sold 15,000 common shares. Stanley's only debt consisted of $43,000 of 108 short term bank notes. The company's income tax rate is 408 125,000 36,000 Required: Compute Stanley's basic and diluted earnings per share for the year ended December 31, 2018. (Enter your answers in thousands.) Numerator i / Denominator l = Earnings per Share 6.78 Basic EPS $ 881 / 130 Diluted EPS