For the year ended December 31, Fancy Corporation reported net income of $8,500,000. At January 1...

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For the year ended December 31, Fancy Corporation reported net income of $8,500,000. At January 1 of the current year, the company had 4,100,000 common shares outstanding. On May 31, the company sold 820,000 shares in a public offering. On June 14 the company declared and distributed a 12% stock dividend. On October 1, the company issued 328,000 shares as part of the consideration for the purchase of assets from a subsidiary. May 31 Sold 820,000 shares in a public offering June 14 Declared and distributed a 12% stock dividend October 1 Issued 328,000 shares as part of the consideration for the purchase of assets from a subsidiary Required: Compute Fancy's earnings per share for the year ended December 31, 2024. Navigation: 1. Use the Open Excel in New Tab button to launch this question. 2. When finished in Excel, use the Save and Return to Assignment button in the lower right to return to Connect. Open Excel in new tab For the year ended December 31, Fancy Corporation reported net income of $8,500,000. At January 1 of the current year, the company had 4,100,000 common shares outstanding. On May 31, the company sold 820,000 shares in a public offering. On June 14 the company declared and distributed a 12% stock dividend. On October 1, the company issued 328,000 shares as part of the consideration for the purchase of assets from a subsidiary. May 31 Sold 820,000 shares in a public offering June 14 Declared and distributed a 12% stock dividend October 1 Issued 328,000 shares as part of the consideration for the purchase of assets from a subsidiary Required: Compute Fancy's earnings per share for the year ended December 31, 2024. Navigation: 1. Use the Open Excel in New Tab button to launch this question. 2. When finished in Excel, use the Save and Return to Assignment button in the lower right to return to Connect. Open Excel in new tab