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I have this question: Maxwell Corp. is coming to the market with a new offering of 450,000 shares of stock at $22 to the public. Maxwell will receive...

I have this question: Maxwell Corp. is coming to the market with a new offering of 450,000 shares of stock at $22 to the public. Maxwell will receive $19.00 per share. The firm has one million shares outstanding and earnings of $6 million before recording the new issue. What is the amount of dilution in earnings per share.
I figured the current share price is $6.00, the new issue price is $4.14 and the dilution is $1.86 but that is wrong. Can you tell me what I am missing?

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