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Free Corporation had 186,000 shares of common stock outstanding throughout the year and reported net...

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Accounting

Free Corporation had 186,000 shares of common stock outstanding throughout the year and reported net income of $461,150 in 2018. Also outstanding all year were 43,500 options to purchase $1 par common stock at $10 per share. The average market price of the stock during the year was $15. Diluted earnings per share for the year ending 12/31/2018 would be $Answer . (round to 2 decimal places, answer entered should not include the $ sign)

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