Concord Corporation had 606,000 shares of common stock outstanding on January 1, and issued 394,000 additional shares on July 1. The company's income applicable to common stock for the year ending December 31, 2021, was $52,937,000. Earnings per share for 2021 varied from $2.79 to $4.85.

1. Concord Corporation had 606000 sheres of common stock outitanding on Jamary 1, isued
394000 shares on July 1. and had income applicable to common stock of 52937000 for the yey
msint December 31. 2021. Farnines per share of common stock for 2021 nould be
$279$2.31$3.30$4.85