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Exercise 9 . 1 5 Calculate basic EPS Mechforce, Inc. had net income of $ 1 5 1 , 8 0 0 for the year

Exercise 9.15 Calculate basic EPS Mechforce, Inc. had net income of $151,800 for the year ended December 31,2022. At the beginning of the year, 15,000 shares of common stock were outstanding. On April 1, an additional 10,000 shares were issued. L09-6 Lo 9-6 paid the annual dividend on the 6,000 shares of 5%,$100 par value preferred stock that were outstanding the entire year.
Required:
Calculate basic earnings per share of common stock for the year ended December 31,2022
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