Presented below is information related to Starr Company.

1.	Net Income [including an extraordinary gain (net of tax) of $73,000]	$358,000
2.	Capital Structure
a.	Cumulative 8% preferred stock, $100 par, 6,200 shares issued and outstanding	$620,000
b.	$10 par common stock, 74,000 shares outstanding on January 1. On April 1, 40,000 shares were issued for cash. On October 1, 16,000 shares were purchased and retired.	$1,000,000
c.	On January 2 of the current year, Starr purchased Oslo Corporation. One of the terms of the purchase was that if Starr's net income for the following year is $2,400,000 or more, 60,000 additional shares would be issued to Oslo stockholders next year.
3.	Other Information
a.	Average market price per share of common stock during entire year	$30
b.	Income tax rate	30%

Compute Weighted-average shares outstanding.

Weighted-average shares outstanding

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Compute earnings per share for the current year. (Round answers to 2 decimal places, e.g. 52.75.)

Basic earnings per share	$
Diluted earnings per share	$