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Swifty Corporation had 1,000,000 shares of common stock issued and outstanding at December 31, 2020. On July 1, 2021 an additional 1,000,000 shares were issued
Swifty Corporation had 1,000,000 shares of common stock issued and outstanding at December 31, 2020. On July 1, 2021 an additional 1,000,000 shares were issued for cash. Swifty also had stock options outstanding at the beginning and end of 2021 which allow the holders to purchase 305000 shares of common stock at $28 per share. The average market price of Swifty's common stock was $35 during 2021. The number of shares to be used in computing diluted earnings per share for 2021 is:
2061000
1741000
1561000
2241000
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