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On December 31, 2017. Brisbane Company had 100,000 shares of cormmon stock outstanding and 37000 shares of 7%, s50 par, market as treasury stock paying

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On December 31, 2017. Brisbane Company had 100,000 shares of cormmon stock outstanding and 37000 shares of 7%, s50 par, market as treasury stock paying $47 per share. Brisbane sold 6,700 treasury shares on September 30, 2018, for $52 per share. Net outstanding. On February 28, 2018, Brisbane purchased 31,000 shares of common stock on the open income for 2018 was $187,905. Also outstanding during the year were fully vested incentive stock options giving key personnel the option to buy 57000 common shares at $47 The market price of the common shares averaged $57 during 2018 Required: Compute Brisbane's basic and diluted earnings per share for 2018. Round your answers to 2 decimal places.) Eanings per share Basic Diluted

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