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Please show step by step how you got each number n January 1, 2010, Warren Corporation had 500,000 shares of common stock outs tanding. On

Please show step by step how you got each number image text in transcribed
n January 1, 2010, Warren Corporation had 500,000 shares of common stock outs tanding. On March 1, the corporation issued 100,000 new shares to raise additional capttal. On July 1, the corporation declared and issued a 3-for-1 stock spit. On October 1, the corporation purchased on the market 300,000 of its own outstanding shares and retired them. On November 1 a 5% stock dividend was issued lude reajuy 18.000sharesto 3%,00commonsharemulati divider erwere declared and paid for the .. . 18,000 shares of 7%, S 100 par value, cumulative, preferred stock were outstanding. (convertible into 30,000 common shares). No dividends were deciared and paid for the Inc w inC year 2010 Net income for 2010 was $3.300,000. Tax rate was 35%. . e Bonds, 8%, $400,000 face smount, convertible into 40,000 common shares. Required: 1) Determine Basic Earnings Per Share for 2010 2) Determine the Diluted Earnings Per Share for 2010 4 Carndor appreach

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