Green Grass Ltd.'s (GGL) accounting system provided the following data for the last two years: 2020 2019 of Revenues $ 43,000 $ 32,000 Cost of goods sold $ 21,000 $ 17,000 Operating expenses $ 7,000 $ 8,000 Net Income $ 15,000 $ 7,000 There were 7.000 common shares outstanding throughout 2019 and 1.000 common shares were issued 6 months before the 2020 year- end. GGL has no preferred shares outstanding. GGL declared and paid of common share dividends of $1.25 per share in 2020. Required 1. Using the formula below, calculate the GGL's Basic Earning per Share for the two years and evaluate GGL's eaming performance in 2020 relative to 2019 Net Income-Preferred Dividends Weighted Average Number of Common Shares Outstanding 7 Green Grass Ltd.'s (GGL) accounting system provided the following data for the last two years: 2020 2019 Revenues $ 43,000 $ 32,000 Cost of goods sold $ 21,000 $ 17,000 Operating expenses $ 7,000 $ 8,000 Net Income $ 15,000 $ 7,000 There were 7.000 common shares outstanding throughout 2019 and 1,000 common shares were issued 6 months before the 2020 year- end. GGL has no preferred shares outstanding. GGL declared and paid of common share dividends of $1.25 per share in 2020. Required 1. Using the formula below, calculate the GGL's Basic Earning per Share for the two years and evaluate GGL's eaming performance in 2020 relative to 2019 Net Income-Preferred Dividends Weighted Average Number of Common Shares Outstanding 7 A- B