Amber Corporation holds 70 percent of Newtop Company's voting common shares but none of its preferred shares. Summary balance sheets for the companies on December 31, 20X1, are as follows: Amber Newtop Corporation Company Assets Cash $ 11,000 $ 23,000 Accounts Receivable 34,000 44,000 Inventory 120,000 75,000 Buildings and Equipment 280,000 215,000 Less: Accumulated Depreciation (131,000) (63,000) Investment in Newtop Company 122,500 Total Assets $ 436,500 $ 294,000 $ 65,000 Liabilities and Owners' Equity Accounts Payable Wages Payable Preferred Stock Common Stock ($10 par value) Retained Earnings Total Liabilities and Owners' Equity $ 56,500 45,000 100,000 120,000 115,000 54,000 100,000 75.000 $ 436,500 $ 294,000 Neither of the preferred issues is convertible. Amber's preferred pays a 9 percent annual dividend and Newtop's preferred pays a 10 percent dividend. Newtop reported net income of $46,000 and paid a total of $21,000 of dividends in 20X1. Amber reported $64,000 of income from its separate operations and paid total dividends of $46,000 in 20X1. Required: Compute 20x1 consolidated EPS. Ignore any tax consequences. (Round your answer to 2 decimal places.) Consolidated earnings per share