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QUESTION 2 Allon Lumber had earnings after taxes of $580,000 in the year 2006 with 400,000 shares outstanding on percent higher than in 2006 Earnings

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QUESTION 2 Allon Lumber had earnings after taxes of $580,000 in the year 2006 with 400,000 shares outstanding on percent higher than in 2006 Earnings per share for the year-end 2007 was 31, 2006 On January 1, 2007 Because of the proceeds from these new shares and other operating improvements, 2007 earnings after taxes were 25 O $167 O $145 O $181 O None of these

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