General Corporation was organized on January 1 and issued 500,000 shares of common stock on that date.On July 1,an additional 200,000 shares were issued for cash.Net income for the year was $5,184,000.Net earnings per share amounted to:

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The Answer of General Corporation was organized on January 1 and issued 500,000 shares of common stock on that date.On July 1,an additional 200,000 shares were issued for cash.Net income for the year was $5,184,000.Net earnings per share amounted to:

General Corporation Was Organized on January 1 and Issued 500,000