On January 1, 2022, Poplar Corporation granted incentive stock options to purchase 22,000 of its common shares at $7 each. The options are exercisable after one year. The market price of common averaged $10 per share during the quarter ending on March 31, 2018. There was no change in the 160,000 shares of outstanding common stock during the quarter ended March 31, 2022. Net income for the quarter was $8,668. The number of shares to be used in computing diluted earnings per share for the quarter is: (Round your final answer to whole number.)

Magic realm, inc., has developed a new fantasy board game. the company sold 15,000 games last year at a selling price of $20 per game. fixed expenses associated with the game total $182,000 per year, and variable expenses are $6 per game. production of the game is entrusted to a printing contractor. variable expenses consist mostly of payments to this contractor.required: 1-a. prepare a contribution format income statement for the game last year.1-b. compute the degree of operating leverage.2. management is confident that the company can sell 58,880 games next year (an increase of 12,880 games, or 28%, over last year). given this assumption: a. what is the expected percentage increase in net operating income for next year? b. what is the expected amount of net operating income for next year? (do not prepare an income statement; use the degree of operating leverage to compute your answer.)