The Hamilton Company currently has 2 million shares of stock outstanding and will report earnings of $6.16 million in the current year. The company is considering the issuance of 2 million additional shares of stock that will net $30 per share to the corporation. (Do not round intermediate calculations. Round the final answers to 2 decimal places.) a. What is the immediate dilution potential for this new share issue? Dilution $ per share b-1. Assume the Hamilton Company can earn 13.90 percent on the proceeds of the share issue in time to include it in the current year's results. Calculate earnings per share. Earnings per share $ b-2. Should the new issue be undertaken based on earnings per share? Yes No