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the year ended December 31, 2021. The Alford Group had 202,000 shares of common stock outstanding at January 1, 2021. The following activities affected

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the year ended December 31, 2021. The Alford Group had 202,000 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 E 19-13 EPS; treasury stock; new shares; stock dividends; two years Oct. 31 LO19-5, LO19-6 Nov. 30 Dec. 31 Required: 2021 Feb. 28 2022 Jan. 15 Dec. 31 1. Determine the 2021 EPS. 2. Determine the 2022 EPS. Purchased 6,000 shares of treasury stock Sold the treasury shares purchased on February 28. Issued 24,000 new shares. Net income for 2021 is $400,000. Declared and issued a 2-for-1 stock split Net income for 2022 is $400,000. 3. At what amount will the 2021 EPS be presented in the 2022 comparative financial statements?

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