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General Corporation was organized on January 1 and issued 500,000 share of common stock on that date. On July 1, an additional 200,000 shares were

General Corporation was organized on January 1 and issued 500,000 share of common stock on that date. On July 1, an additional 200,000 shares were issued for cash. Net income for the year was $5,184,000. Net earnings per share amounted to: a. $7.98 b. $7.41 c. $8.41 d. $8.64

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