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On June 1.2018, Wildharse Compary and Shetfeld Compay merged to form Tamarisk inc A total of 757.000shares were issued to complete the merger. The new

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On June 1.2018, Wildharse Compary and Shetfeld Compay merged to form Tamarisk inc A total of 757.000shares were issued to complete the merger. The new corporation reports on a calendaryear basis On April 1.2020, the comgany lssued an additional 628,000 shares of stock for cash All 1.365 .000 shares were outstanding on December 31,2020 Tariarisk inc also istiod $600,000 ot 20 year, 8\% convertibie bonds at par on July 1,2020 . Each $1,000 bond converts to 42 shares af common at amy interest date. None ot the bonds hsve been converted to date. Tamarisk inc is preparing its annual repert for the fiscal year ending. December 31. 2020. The annuaf report will show eurnings per shace figures based upon a reported after-tax net income o( $1,541000. The taxrate is 2006) Deterwine the following for 2020 (a) The number of shases to be used for calculating (Round answers to 0 deeimal ploces es 52,500 ) (2) Basic eamins per share (24) Datotedearninss persthare Shares (b) Thit earnines figures to be used for calculating ihlound omvers to 0 decimal ploces es. $2.500y (1) Basit eatringsper share (2) Datudedernings per share

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