The Li Group had 202,000 shares of common stock outstanding at January 1, 2024. The following activities affected common shares during the year. There are no potential common shares outstanding.

Required:
1. Determine the 2024 EPS.
2. Determine the 2025 EPS.
3. At what amount will the 2024 EPS be presented in the 2025 comparative financial statements?

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2024 Feb. 28 Oct. 31 Nov. 30 Dec. 31 2025 Jan. 15 Dec. 31 Purchased 6,000 shares of treasury stock. Sold the treasury shares purchased on February 28. Issued 24,000 new shares. Net income for 2024 is $400,000. Declared and issued a 2-for-1 stock split. Net income for 2025 is $400,000.