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1. What amount should be reported as basic earnings per share? a. 5.55 b. 5.90 c. 5.62 d. 5.36 2. What is the weighted average number of shares in calculating diluted earnings per share? a. 1,062,500 b. 2,000,000 c. 1,100,000 d. 1,962,500 3. What amount should be reported as diluted earnings per share? a. 3.01 b. 3.10 c. 2.95 d. 3.28