Assume that the following data relative to Kane Company for 2015 is available: 
Instructions
(a) Compute the basic earnings per share for 2015. (Round to the nearest penny.)(b) Compute the diluted earnings per share for 2015. (Round to the nearest penny.)
Definitions:
Life Review
A process, often used in therapy, where individuals reflect upon their lives, significant events, and relationships, typically to gain insight or resolve issues.
Cognitive Appraisal
A mental process through which an individual evaluates and interprets an event or situation, determining its significance and potential impact on well-being.
Life Review Intervention
A therapeutic technique used primarily with older adults to reflect on past experiences and achievements, often leading to increased well-being.
Well-being
A state of health, happiness, and prosperity; a comprehensive measure of overall quality of life.
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