E$15\mathrm{.}27($L$\mathrm{.}0\mathrm{.}5)($EPS with Contingent Issuance Agreement$)$ Wirear Inc. mennely parchased Holiday Corp. a large midurestern home painting coeperation. One of the vermas of the merger was that if Holiday's income for $2025$ was $$110,000$ or more, $10,000$ addidional shares would be insed so Holichy's stockbolders in $2026.$ Holidry's income for $2024$ was $$120,000.$

Instructions

a$.$ Woald the centingent shares have to be comidered in Winear' $2024$ earning per share computation?

b$.$ Asume the same facts, escept that the $10,000$ shares are boadingene on Holiday's achieving a net income of $$130,000$ in $2025.$ Would the contingent shares hae to be considered in Winuor'$)$ earning per slare computaticas for $2024?$