Use the following information for the next two problems.

EPS and merger terms Expanding Corporation is interested in acquiring Target Company by swapping $0\mathrm{.}4$ share of its stock for each share of Target's stock. Expanding Co$.$ has sufficient authorized but unissued shares to carry out the proposed merger. Certain financial data on these companies are given in the following table.

$1.$ How many new shares of stock will Expanding have to issue to make the proposed merger?

$2.$ If the earnings for each firm remain unchanged, what will the post$-$merger earnings per share be$?$