AJ$\mathrm{.}17$

For the year ended December $31,2021,$ Norstar Industries reported net Income of $$935,000.$ At January $1,2021,$ the company had

$840,000$ common shares outstanding. The following changes in the number of shares occurred during $2021$ :

Apr. $3$ e sold $55,00$ shares in a public offering.

May $24$ Declared and distributed a $5\%$ stock dividend.

June $1$ Issued $54,009$ shares as part of the consideration for the purchase of assets from a subsidiary.

Required:

Compute Norstar's earnings per share for the year ended December $31,2021.($Enter your answers in thousands. Round "EPS"

answer to $2$ decimal places. Do not round Intermedlate calculations.$)$