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Please show work so I can understand it! Stanley Department Stores reported net income of $725,000 for the year ended December 31, 2018. Additional Information:

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Please show work so I can understand it!

Stanley Department Stores reported net income of $725,000 for the year ended December 31, 2018. Additional Information: Common shares outstanding at Jan. 1, 2018 Incentive stock options (vested in 2017) outstanding throughout 2018 (Each option is exercisable for one common share at an exercise price of $20.00) During the year, the market price of Stanley's common stock averaged $24.0 per share On Aug. 30 Stanley sold 15,000 common shares Stanley's only debt cons:isted of $30, 000 of 10% short term The company's income tax rate is 40 % 55,000 12,000 bank notes. Required: Compute Stanley's basic and diluted earnings per share for the year ended December 31, 2018. (Enter your answers in thousands.) Numerator Earnings per Share Denominator Basic EPS Diluted EPS

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