2 Poison Corporation holds 70 percent of Snake Company's voting common shares but none of its preferred shares. Summary balance sheets for the companies on December 31, 20x1, are as follows: Poison Corporation Snake Company 20 points $ 13,000 36,000 115,000 285,000 (131,000) 120,400 $ 438,400 $ 26,000 46,000 71,000 215,000 (70,000) eBook Assets Cash Accounts Receivable Inventory Buildings and Equipment Less: Accumulated Depreciation Investment in Snake Company Total Assets Liabilities and Owners' Equity Accounts Payable Wages Payable Preferred Stock Common Stock ($10 par value) Retained Earnings Total Liabilities and Owners' Equity Ask $288,000 Print $ 66,000 $ 59,400 44,000 100,000 120,000 References 115,000 50,000 100,000 72,000 $288,000 $ 438,400 Neither of the preferred issues is convertible. Poison's preferred pays a 9 percent annual dividend and Snake's preferred pays a 10 percent dividend. Snake reported net income of $48,000 and paid a total of $22,000 of dividends in 20X1. Poison reported $60,000 of income from its separate operations and pald total dividends of $47,000 in 20X1. Required: Compute 20X1 consolidated EPS. Ignore any tax consequences. (Round your answer to 2 decimal places.) Consolidated earnings por share