The Alford Group had 170,000 shares of common stock outstanding at January 1, 2016. The following activities affected common shares during the year. There are no potential common shares outstanding. 2016

Feb. 28 Purchased 9,000 shares of treasury stock.

Oct. 31 Sold the treasury shares purchased on February 28.

Nov. 30 Issued 36,000 new shares.

Dec. 31 Net income for 2016 is $1,670,000. 2017

Jan. 15 Declared and issued a 2-for-1 stock split.

Dec. 31 Net income for 2017 is $1,670,000.

Determine 2016 and 2017 APS