Far East Fast Foods had earnings after taxes of $230,000 in the year 2014 with 200,000 shares

Question:

Far East Fast Foods had earnings after taxes of $230,000 in the year 2014 with 200,000 shares outstanding. On January 1, 2015, the firm issued 30,000 new shares. Because of the proceeds from these new shares and other operating improvements, earnings after taxes increased by 25 percent.
a. Compute EPS of the year 2014.
b. Compute EPS of the year 2015.

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