Problem #$9$: Record the journal entry to record Paid$-$in$-$Capital if Smith leaves the company on January $2,2019($two years after grant date $-$ date of forfeiture$)?$

Problem #$10$: Basic and Diluted EPS Calculations $($involving only a single debt security$)$:

In $2018$ the Gremlin Enterprises issued, at par, $150,$ $$1,000,10\%$ bonds, each convertible into $100$ shares of common stock. Gremlin had revenues of $$40,000$ and expenses other than interest and taxes of $$18,000$ for $2019.($Assume that the tax rate is $40\%.)$ Throughout $2019,4,000$ shares of common stock were outstanding; none of the bonds were converted or redeemed. Gremlin's Net Income is calculated as follows:

$\backslash$table$[[$Revenues$,,$$$60,000,,],[$Expenses$,,$$$18,000,,],[$Bond Interest Expense,$$15,000,(1501,00010\%),,],[=$ Income before taxes:,$$27,000,,,],[-$ Income Tax Expense $(40\%),$$$10,800,,,],[=$ Net Income,$$16,200,,,]]$

a$)$ Calculate the basic earnings per share for $2019$ :

b$)$ Calculate the diluted earnings per share for $2019$ :