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Earnings per Share
Leland Corporation began the year with 160,000 shares of common stock outstanding. On March 1 an additional 14,000 shares of common stock were issued. On August 1, another 20,000 shares of common stock were issued. On November 1, 10,000 shares of common stock were acquired as Treasury Stock. Leland Corporation's net income for the calendar year is \( \$ 501,000 \).
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Calculate the company's earnings per share.
Earnings per Share \( \$ \square x \)
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