On January 1, 2013, Shamu Corporation had 100,000 shares of common stock outstanding. The following transactions occurred during 2013: 
The following transactions occurred during 2014: 
Required:
Calculate Shamu's basic earnings per share (rounded to 2 decimal places) for both years for presentation in comparative financial statements that will be prepared at the end of 2014.
Definitions:
Thoughts Racing
A condition where an individual experiences an overwhelming and rapid flow of thoughts, often associated with manic episodes in bipolar disorder.
Cyclothymic Disorder
A mood disorder characterized by fluctuating low-level depressive and hypomanic episodes.
Bipolar Disorder
Characterized as a mental disorder, it involves drastic mood variances, including high (mania or hypomania) and low (depression) emotional phases.
Bipolar Disorder
This disorder entails a notable divergence in emotional state, veering between euphoria or elevated mood (mania or hypomania) and profound sadness (depression).
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