Question: When calculating Basic EPS for 2016, it says the Company sold 50,000 of its treasury stock on October 31, 2016. When I do the calculation,

When calculating Basic EPS for 2016, it says the Company sold 50,000 of its treasury stock on October 31, 2016. When I do the calculation, I get a decimal, 50,000 * (2/12) = 8.333. That doesn't look right, please help?

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