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The following information is available for Celtics Corporation:January 1, 2022 Shares outstanding 1,200,000April 1, 2022 Shares issued 192,000July 1, 2022 Treasury shares purchased 72,000October 1,

The following information is available for Celtics Corporation:January 1, 2022 Shares outstanding 1,200,000April 1, 2022 Shares issued 192,000July 1, 2022 Treasury shares purchased 72,000October 1, 2022 Shares issued in a 100% stock dividend 1,320,000Net income available to common stockholders for 2022 is $9,760,000. Basic earnings per share for 2022,rounded to the nearest penny, is

Answer is "C" Explain How a. 3.60 b. 3.71 c. 3.73 d. 5.96

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