2-1. Rockwell Paper Company had earnings after taxes of $580,000 in the year 2012 with 400,000 shares outstanding. On January 1, 2013, the firm issued 35,000 new shares. Because of the proceeds from these new shares and other operating improvements, carnings after taxes increased by 25 percent. Compute carnings per share for the year 2012. ($1.45) b. Compute earnings per share for the year 2013. ($1.67)