Plz show all the steps$/$work On December $31,2017,$ Brisbane Company had $100,000$ shares of common stock outstanding and $29,000$ shares of $6\%,$$$50$ par, cumulative preferred stock outstanding. On February $28,2018,$ Brisbane purchased $23,000$ shares of common stock on the open market as treasury stock paying $$39$ per share. Brisbane sold $5,900$ treasury shares on September $30,2018,$ for $$44$ per share. Net income for $2018$ was $$179,905.$ Also outstanding during the year were fully vested incentive stock options giving key personnel the option to buy $49,000$ common shares at $$39.$ The market price of the common shares averaged $$49$ during $2018.$

Required:

Compute Brisbane's basic and diluted earnings per share for $2018.($Round

your answers to $2$ decimal places.$)$