On January 1, 2011 TESLA . had 150,000 shares, On April 1, 2011 TESLA sold 47000 shares, on July 1,2011 TESLA makes a 2:1 stock split on Dec 1, 2011 TESLA distribute 0.11 stock dividend, Net income for 2011 was $2250000. The tax rate was 0.35. In addition, TESLA had the following equity securities on its books on December 31, 2011: a. 25,000 shares of $100 par, 0.14 cumulative preferred stock b. 40,000 shares of $100 par, 0.13 cumulative preferred stock, par $100, Each share of preferred stock is convertible into 12 shares of common stock.

What is the TESLA weighted average number of shares for 2011 Answer for part 1 What is the basic EPS for 2011 Answer for part 2 what is the diluted EPS for 2011 Answer for part 3