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Warrants exercisable at $15 each to obtain 72000 shares of common stock were outstanding during a period when the average market price of the common

Warrants exercisable at $15 each to obtain 72000 shares of common stock were outstanding during a period when the average market price of the common stock was $20. Application of the treasury stock method for the assumed exercise of these warrants in computing diluted earnings per share will increase the weighted average number of outstanding shares by 54000 O 24000 72000 18000

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