JS Keso Intermediate Accounting, 170 CALCULATOR PRINTER VERSION 4 BACK NEXT Exercise 16-28 Marin Corporation earned $255,000 during a period when it had an average of 100,000 shares of common stock outstanding. The common stock sold at an average market price of $21 per share during the period. Also outstanding were i5,300 warrants that could be exercised to purchase one share of common stock for $14 for each warrant exercised. (a) Are the warrants dilutive? (1) Compute bask earnings per share. (Round answer to 2 decimal places, e.g. $2.55.) Basic earnings per share (c) Compute diluted earnings per share. (Round answer to 2 decimal places, e.g. $2.55.) Diluted earnings per share Click If you would like to show Work for this question: Open Show Work LENK TO TEXT