Stanley Department Stores reported net income of $$900,000$ for the year ended December $31,2024.$

Additional Information:

Common shares outstanding at January $1,2024$

Incentive stock options $($vested in $2023)$ outstanding throughout $2024$

$($Each option is exercisable for one common share at an exercise price of $$27\mathrm{.}00)$

During the year, the market price of Stanley's common stock averaged $$32\mathrm{.}40$ per share.

On August $30,$ Stanley sold $15,000$ common shares.

Stanley's only debt consisted of $$44,000$ of $10\%$ short$-$term bank notes.

The company's income tax rate is $25\%.$

Required:

Compute Stanley's basic and diluted earnings per share for the year ended December $31,2024.$

Note: Do not round intermediate calculations. Enter your answers in thousands $($i$.$e$.,10,000$ should be entered as $10).$

${?}^{**}$ Red text indicates no response was expected in a cell or a formula$-$based calculation is incorrect; no points deducted.

$130,000$

$36,000$