Nagy Industries reported a net income of $719,369 on December 31, 2021. At the beginning of the year, the company had 600,000 common shares outstanding. On April 1, the company sold 33,000 shares for cash. On August 31, the company issued 60,000 additional shares as part of a merger. On December 1, 2021, the company declared and issued a 12% stock dividend. Required:
Compute Nagy's net income that would produce a basic EPS of $2.00 per share for 2021.

2,283,000

explanation:

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1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

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