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Exercise 9-15 (Algo) Calculate basic EPS LO 9-6 Mechforce, Incorporated had net income of $125,000...

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Accounting

Exercise 9-15 (Algo) Calculate basic EPS LO 9-6 Mechforce, Incorporated had net income of $125,000 for the year ended December 31, 2022. At the beginning of the year, 13,000 shares of common stock were outstanding. On April 1, an additional 21,000 shares were issued. On October 1, the company purchased 4,000 shares of its own common stock and held them as treasury stock until the end of the year. No other changes in common shares outstanding occurred during the

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