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General Corporation was organized on January 1 and issued 350,000 shares of common stock on that date. On July 1, an additional 100,000 shares were
General Corporation was organized on January 1 and issued 350,000 shares of common stock on that date. On July 1, an additional 100,000 shares were issued for cash. Net income for the year was $4,510,000. Net earnings per share amounted to:
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