Question: Can anyone assist me on the problem below. The Common Stock account for Baltimore Corporation on January 1, 2018 was $62,500.On July 1, 2018 Baltimore

Can anyone assist me on the problem below.

The Common Stock account for Baltimore Corporation on January 1, 2018 was $62,500.On July 1, 2018 Baltimore issued an additional 7,000 shares of common stock. The Common Stock is $5 par. There was neither Preferred Stock nor any Treasury Stock. Paid in Capital Excess to par Common Stock was $20,000 on January 1 and $40,000 on July 2 and net income was $101,000.Use this information to determine for December 31, 2018 the amount ofEarnings per Share (rounded to the nearest cent).

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