The Alford Group had 270,000 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 $1,335,000 2017 Jan 15 Declared and issued a 2-for-1 stock split. Dec. 31 Net income for 2017 is $1,335,000 Required: 1. Determine the 2016 EPS. (Enter your answers in thousands.) Numerator / Denominator # Earnings per Share 2. Determine the 2017 EPS (Enter your answers in thousands.) NumeratorDenominatorEarnings per Shane