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The Alford Group had 200,000 shares of common stock outstanding at January 1, 2021. The following activities affected common shares during the year. There are

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The Alford Group had 200,000 shares of common stock outstanding at January 1, 2021. The following activities affected common shares during the year. There are no potential common shares outstanding, 2021 Feb. 28 Purchased 18,600 shares of treasury stock Oct. 31 sold the treasury shares purchased on February 28. Nov. 30 Issued 72,000 new shares Dec. 31 Net income for 2021 is $1,649,000 2022 Jan 15 Declared and issued a 2-for-1 stock split Dec. 31 Net Income for 2022 is $1,649,000 Required: 1. Determine the 2021 EPS. (Do not round Intermediate calculations.) 2. Determine the 2022 EPS. 3. At what amount will the 2021 EPS be presented in the 2022 comparative financial statements? (For all requirements, Enter your answers in thousands.) Answer is complete but not entirely correct. Numerator Denominator Earnings per Share $ 1,649.000 114,000 S 3.50 3 1.649,000 544,000 - $ 3.03 1,649.000 385.000 S 4.25 1 12 3

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