us land company net income for 2020 is $54300. the only potentially dilutive securities outstanding were 840 options issued during 2019. each exercisable for one share at $6. none has been exercised and 9900 shares of common were outstanding during 2020. the average market price of sunlamds stock during 2020 was $20.

a. computer diluted warming per share

b. assume the same facts as above except that the 840 options were issues on October 1, 2020 rather then 2019. the average market price during the last 3 month of 2020 was $20z.

Sunland Company's net income for 2020 is $54,300. The only potentially dilutive securities outstanding were 840 options issued during 2019.each exerdisable for one share at 56 . Nonie has been exercised, and 9,900 shares of common were outstanding during 2020. The average market price of Sunland's stock during 2020 was $20 (a) Compute dilvted carnings per share (Round answer to 2 decimal plocer es. $2.55 ) Diluted earnings per share (b) Assume the same facts as those ansumed for part (a), except that the 840 cption were issoed on October 1, 2020 ( rather than in 2019, The average market price during the last 3 months of 2020 was $20, (Round anewer to 2 decinal ploces, 2852.55 ) Diluted eanings per share eleatbook and Media