Earnings Per Share

3 Months Ended

Mar. 31, 2016

8. EARNINGS PER SHARE

Basic earnings per share is computed using the weighted average number of shares outstanding. Diluted earnings per share is computed using the weighted average number of shares outstanding adjusted for the incremental shares attributed to potentially diluted securities. The following table sets forth the computation of basic and diluted earnings per share:

	March 31,
	2016
Net income	$	49,121
Basic and diluted weighted average common shares outstanding		7,416,766
Basic and diluted per share net income	$	0.01