Question $5$

The Li Group had $160,000$ shares of common stock outstanding at January $1,2024.$ The following activities affected common shares during the year. There are no potential common shares outstanding.

February $28$ Purchased $6,000$ shares of treasury stock

October $31$ Sold the treasury shares purchased on February $28$

November $30$ Issued $24,000$ new shares

December $31$ Net Income for $2024$ is $$1,659,000$

Required:

Determine the $2024$ EPS