4 For the year ended December 31, 2018, Norstar Industries reported net income of $920,000. At January 1, 2018, the company had 780,000 common shares outstanding. The following changes in the number of shares occurred during 2018: 0.5 points Apr. 30 Sold 40,000 shares in a public offering. May 24 Declared and distributed a 5% stock dividend. Issued 36,000 shares as part of the consideration for the purchase of assets June from a subsidiary. eBook Required: Compute Norstar's earnings per share for the year ended December 31, 2018. (Enter your answers in thousands.) Print Numerator / Denominator Earnings per Share = References