The Alford Group had 230,000 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 27,000 shares of treasury stock.
Oct.		31		Sold the treasury shares purchased on February 28.
Nov.		30		Issued 108,000 new shares.
Dec.		31		Net income for 2021 is $1,547,000.
2022
Jan.		15		Declared and issued a 2-for-1 stock split.
Dec.		31		Net income for 2022 is $1,547,000.

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.)

	Numerator	/	Denominator	=	Earnings per Share
1.		/		=
2.		/		=
3.		/		=

Hardaway Fixtures' balance sheet at December 31, 2020, included the following:

Shares issued and outstanding:
Common stock, $1 par	$	1,080,000
Nonconvertible preferred stock, $50 par		25,000

On July 21, 2021, Hardaway issued a 25% stock dividend on its common stock. On December 12, it paid $75,000 cash dividends on the preferred stock. Net income for the year ended December 31, 2021, was $4,800,000. Required:

Compute Hardaway's earnings per share for the year ended December 31, 2021. (Enter your answers in thousands. Do not round intermediate calculations.)

Required:

Compute Hardaway's earnings per share for the year ended December 31, 2021. (Enter your answers in thousands. Do not round intermediate calculations.)

NUMBERATOR / DENOMINATOR = EARNINGS PER SHARE

Stanley Department Stores reported net income of $920,000 for the year ended December 31, 2021. Additional Information:

Common shares outstanding at Jan. 1, 2021	135,000
Incentive stock options (vested in 2020) outstanding throughout 2021	36,000
(Each option is exercisable for one common share at an exercise price of $27.50)
During the year, the market price of Stanleys common stock averaged $33.00 per share.
On Aug. 30, Stanley sold 15,000 common shares.
Stanleys only debt consisted of $45,000 of 10% short-term bank notes.
The companys income tax rate is 25%.

Required:

Compute Stanleys basic and diluted earnings per share for the year ended December 31, 2021. (Enter your answers in thousands. Do not round intermediate calculations)