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Lucas company reports net income of $2520 for the year ended December 31, 2019, its first year of operations. on January 4, 2019, Lucas issue

Lucas company reports net income of $2520 for the year ended December 31, 2019, its first year of operations. on January 4, 2019, Lucas issue 9,000 shares of common stock. on August 2, 2019 issued additional 3,600 of star, resulting in 12,600 shares outstanding at year-end. during 2020, Lucas and a net income of $17,120. Issued 2000 additional shares of stock on March 3, 2020, and declared and issued a two for one stock split on November 3, 2020, resulting in 29,200 shares outstanding at year end. During 2021, Lucas earned net income of $28,032. The only common stock transactions during 2021 was a 20% stock dividend issued on July 2, 2021 image text in transcribed
Comparative Earnings per Share Lucas Company reports net income of $2.520 for the year ended December 31, 2019. Its first year of operations. On January 4, 2019, Lucas issued 9,000 shares of common stock. On August 2, 2019, issued an additional 3.600 shares of stock, resulting in 12.600 shares outstanding at year-end. During 2020, Lucas earned net income of $17,120. It issued 2,000 additional shares of stock on March 3, 2020, and declared and issued a 2 for 1 stock split on November 3, 2020, resulting in 29,200 shares outstanding at year-end. During 2021, Lucas earned net income of $28,032. The only common stock transaction during 2021 was a 20% stock dividend issued on July 2, 2021 If required, round your final answers to two decimal places. Required: 1. Compute the basic earnings per share that would be disclosed in the 2019 annual report. per share al report. 2. Compute the 2019 and 2020 comparative basic earnings per share that would be dissed in the 2020 2020: per share 2019: per share 3. Compute the 2019, 2020 and 2021 comparative basic earnings per share that would be disclosed in the 2021 annual report 2021: $ per share 2020: 5 per share 2019: per share

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