11 1.25 points eBook Print References Exercise 19-20 (Algo) EPS; shares issued; stock options [LO19-6, 19-7, 19-8, 19-9] Stanley Department Stores reported net income of $900,000 for the year ended December 31, 2024. Additional Information: Common shares outstanding at January 1, 2024 Incentive stock options (vested in 2023) outstanding throughout 2024 (Each option is exercisable for one common share at an exercise price of $27.00) During the year, the market price of Stanley's common stock averaged $32.40 per share. On August 30, Stanley sold 15,000 common shares. Stanley's only debt consisted of $44,000 of 10% short-term bank notes. The company's income tax rate is 25%. Required: Compute Stanley's basic and diluted earnings per share for the year ended December 31, 2024. Note: Do not round intermediate calculations. Enter your answers in thousands (i.e., 10,000 should be entered as 10). Basic Diluted Numerator + 900 $ Denominator = Earnings per Share = 130,000 36,000 0 0

Exercise 19-20 (Algo) EPS; shares issued; stock options [LO19-6, 19-7, 19-8, 19-9] Staniey Department Stores reported net income of $900,000 for the year ended December 31, 2024. Additional Informetion: Comon shaces outstandine ot January 1, 2624 Incentive stock options (vested in 2023 ) outstanding throughout 2024 (Each option is exercisable for one contan share at an exercise price of 527,00 ) 130,040 (Each option is everetsable for one coman share at an exercise price of 527,00 ) During the year, the market price of 5 tanley's comon stock averaged $32,40 per 36,000 On August 30 , Stanley sold 15,000 common shares. stanley's only debt consisted of $44, eee of 10 s short-tera bank notes. The company's incone tax rate is 258 . Required: Compute Stanley's basic and diluted earnings per share for the year ended December 31, 2024 Note: Oo not round intermediate calculations. Enter your answers in thousands (1.e, 10,000 should be entered as 10)