Two years after Venice Partners invested $1,400,000 into Invisibilia, Inc. (from our preferred funding example) Invisibilia, Inc. had a successful initial public offering (IPO) on July 1, 2014. In the IPO, Invisibilia, Inc. sold 5,500,000 common shares for $220,000,000. Using some of the IPO proceeds, Invisibilia, Inc. redeemed all of Mark Maker's and Venice Partners' investments of $400,000 and $1,400,000, respectively. In connection with the IPO, Invisibilia, Inc. granted stock options with a weighted-average $30 exercise price for 300,000 common shares to Mark Maker and 700,000 common shares to Antonio Merchant of Venice Partners. Also in connection with the IPO, Kayu Rockchalk was granted stock options with a weighted-average $55 exercise price for 350,000 common shares. As of December 31, 2014, Invisibilia, Inc.'s net income was $2,500,000 and its stock price increased 25% from its IPO price per share.

1		As of December 31, 2014, what was Invisibilia, Inc.'s basic earnings per share (round to 4 digits)?
2		As of December 31, 2014, how many stock options of Invisibilia, Inc. were "out-of- the-money"?
3		Using the treasury stock method, how many additional common shares of Invisibilia, Inc. would be issued at December 31, 2014?
4		As of December 31, 2014, what was Invisibilia, Inc.'s fully-diluted earnings per share (round to 4 digits)?
5		As of December 31, 2014 what was Invisibilia, Inc.'s equity market capitalization (value)?