Question: Calculate basic and diluted earnings per share for a company with net income of $500,000, 100,000 shares of common stock outstanding, and 10,000 stock options

Calculate basic and diluted earnings per share for a company with net income of $500,000, 100,000 shares of common stock outstanding, and 10,000 stock options outstanding with an exercise price of $50 per share.

Calculation	Amount
Basic EPS
Diluted EPS

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