Question: I need guidance with this general accounting problem using the right accounting principles. The Parker Company had 18,000 shares of common stock outstanding on January

I need guidance with this general accounting problem using the right accounting principles.

The Parker Company had 18,000 shares of common stock outstanding on January 1 and issued an additional 2,500 shares on July 1. There was no preferred stock outstanding. If Parker reports earnings per share of $6.00 for the year ending December 31, what is its net income

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