Question: [EPS) Consolidated basic and diluted EPS at and for the year ended December 31, 2016: E 10-9 Pam 8,000 shares Sun 5.000 shares Outstanding common

[EPS) Consolidated basic and diluted EPS at and for the year ended December 31, 2016: E 10-9 Pam 8,000 shares Sun 5.000 shares Outstanding common stock Warrants to purchase 1,000 shares of Sun common stock at $9 per share (average market price is $15) Net income (includes income from Sun) Income from Sun ($14,400 - $2,400 amortization of excess cost over book value acquired) $20.000 1,000 warrants $18,000 $12,000 REQUIRED: Determine consolidated earnings per share (both basic and diluted)

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