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Question - Tiger Corp. provides the following data for calendar 2022:
Net Income $3,600,000
Transactions in Common Shares
Change
Cumulative
Jan 1 beginning
1,400,000
Mar 1 purchase of treasury shares
(80,000)
1,320,000
Jun 1 shares split 2 for 1
2,640,000
Nov 1 issuance of new shares
160,000
2,800,000
Required - Calculate basic earnings per share for 2022.
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