For 2007, Flamingo Products had net income of $1,000,000. On 1 January 2007, there were 1,000,000 shares outstanding. On 1 July 2007, the company issued 100,000 new shares for $20 per share. The company paid $200,000 in dividends to common shareholders. What is Flamingo ’ s basic earnings per share for 2007? please please answer that please early

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