EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2017

NOTE 7. EARNINGS PER SHARE

Earnings per share is computed under two different methods, basic and diluted, and is presented for all periods in which statements of operations are presented. Basic earnings per share is computed by dividing net income by the weighted average number of shares of common stock outstanding. Diluted earnings per share is computed by dividing net income by the weighted average number of shares of common stock and common stock equivalents outstanding. The Company currently does not have any common stock equivalents outstanding.

The following table provides a reconciliation of the numerators and denominators used in calculating basic and diluted earnings per share:

	For the Years Ended December 31,
	2017		2016
Basic and diluted earnings per share calculation:
Net income to common stockholders	$	583,051	$	142,851
Weighted average number of common shares outstanding		4,511,965		4,516,171
Basic and diluted net income per share	$	0.13	$	0.03