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On December 31, 2020 Brisbane Company had 100,000 shares of common stock outstanding and 39,000...

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Accounting

On December 31, 2020 Brisbane Company had 100,000 shares of common stock outstanding and 39,000 shares of 7%, $50 par, cumulative preferred stock outstanding . On February 28, 2021, Brisbane purchased 33,000 shares of common stock on the open market as treasury stock paying $49 per share. Brisbane sold 6,900 treasury shares on September 30, 2021for $54 per share. Net income for 2021 was $189.905 . Also outstanding during the year were fully vested incentive stock options giving key officers the option to buy 59,000 common shares at $49. The market price of the common shares averaged $59 during 2021.
Compute Brisbane's basic and diluted earnings per share for 2021.

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