Tamarisk Corporation earned $$255,000$ during a period when it had an average of $100,000$ shares of common stock

outstanding. The common stock sold at an average market price of $$21$ per share during the period. Also outstanding

were $15,300$ warrants that could be exercised to purchase one share of common stock for $$14$ for each warrant exercised.

a$.$ Are the warrants dilutive?

b$.$ Compute basic earnings per share. $($Round answer to $2$ decimal places, e$.$g$.2\mathrm{.}55.)$

Basic earnings per share

$

c$.$ Compute diluted earnings per share. $($Round answer to $2$ decimal places, e$.$g$.2\mathrm{.}55.)$

Diluted earnings per share