Question: 9 Hwk (Share-Based Comp and EPS) Saved Help Save Check my work mode: This shows what is correct or incorrect for the work you have

9 Hwk (Share-Based Comp and EPS) Saved Help Save Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completi For the year ended December 31, 2021, Norstar Industries reported net income of $900,000. At January 1, 2021, the company had 700,000 common shares outstanding. The following changes in the number of shares occurred during 2021: Apr. 30 Sold 20,000 shares in a public offering. May 24 Declared and distributed a 5% stock dividend. June 1 Issued 12,000 shares as part of the consideration for the purchase of assets from a subsidiary. Required: Compute Norstar's earnings per share for the year ended December 31, 2021. (Enter your answers in thousands. Round "EPS" answer to 2 decimal places. Do not round intermediate calculations.) Answer is not complete. Numerator Denominator 900 7.277- Earnings per Share Reta

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