Rachet Corporation's 1990 income statement, excluding the earnings per share portion of the statement, was as follows:

Assuming that dilutive, common stock equivalents were converted at the beginning of the year, the weighted-average number of common shares outstanding during the year was 90,000 . Assuming that all dilutive securities had been converted at the beginning of the year, the weighted-average number of common shares outstanding during the year was 112,000 .
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Present the earnings per share portion of the 1990 income statement.

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Sales Costs and expenses: Depreciation Income taxes Other expenses. Income from continuing operations Loss from operating discontinued business segment (net of $11,400 taxes). Loss on sale of business segment (net of $13,500 tax) Loss before extraordinary items and change in accounting principle. Extraordinary gain (net of $24,000 taxes). Cumulative effect of a change in accounting principle (net of $13,100 taxes). Net income. $ 12,000 18,000 132,000 $ 30,000 39,000 $225,000 162,000 $ 63,000 (69,000) $ (6,000) $ 81,000 49,500 130,500 $124,500