Question: We'll not play LLC had 1,000,000 average shares outstanding during all of 2017. During 2017, WNP also had 20,000 options outstanding with exercise prices of

We'll not play LLC had 1,000,000 average shares outstanding during all of 2017. During 2017, WNP also had

20,000 options outstanding with exercise prices of $45 each. The average stock price of WNP during 2016 was

$42 and during 2017 increased 19.05% from '16. For purposes of computing diluted earnings per share, how

many shares would be used in the denominator in 2017? What is the basic EPS if reported net income is

1,250,000 in 2017?

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