Question Completion Status: Moving to another question will save this response. Question 9 of 10 Save Ano Question 9 0.5 points On January 1, 2016, Bailey, Inc. had 145,298 shares of common stock outstanding. The following transactions occurred during 2016 March 1: Reacquired 24,000 shares, accounted for as treasury stock. September 30: Sold all the treasury shares December 1 Sold 18.000 new shares for cash. December 31 Reported a net income of $189,173 Calculate Bailey's basic earnings per share for the year ended December 31, 2016. (Round your answer to 2 decimal places.) Moving to another question will save this response Question 9 of 10 MacBook Air