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Sheridan Travel had earnings after taxes of $1,200,000 in 20XX with 322,000 common shares outstanding. On January 1, 20Y, the firm issued 30,000 new common

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Sheridan Travel had earnings after taxes of $1,200,000 in 20XX with 322,000 common shares outstanding. On January 1, 20Y, the firm issued 30,000 new common shares. There is a 24 percent increase in aftertax earnings resulting from the issue of the new share a. Compute EPS for the year 20XX. (Round the final answer to 2 decimal places.) EPS $ b. Compute EPS for the year 20XY. (Round the final answer to 2 decimal places.) EPS 5

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