Question: During the year ended December 31, 2017, Gluco, Inc., split its stock on a 5 for 1 basis in its annual report for 2016, the

During the year ended December 31, 2017, Gluco, Inc., split its stock on a 5 for 1 basis in its annual report for 2016, the firm reported net income of $961,700 for 2016, with an average 260 80% shares of common stock outstanding for that year. There was no preferred stock Required: 3. What amount of net income for 2016 will be reported in Gluco's 2017 annual report? b. C ateluco's eamings per share for 2016 that would have been reported in the 2016 annual report (Round your answer to 2 decimal places.) Canings for sharel c. C u cosamnings per share for 2016 that will be reported in the 2017 report for comparative purposes. Round your answer to 2 decimal places) Eins per share Type here to search OR

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