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At December 31, 2016, Novak Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 108,060 shares $10,806,000 Common stock, $5 par, 4,031,000

At December 31, 2016, Novak Corporation had the following stock outstanding.

10% cumulative preferred stock, $100 par, 108,060 shares $10,806,000
Common stock, $5 par, 4,031,000 shares 20,155,000

During 2017, Novak did not issue any additional common stock. The following also occurred during 2017.

Income from continuing operations before taxes $22,200,000
Discontinued operations (loss before taxes) $3,335,000
Preferred dividends declared $1,080,600
Common dividends declared $2,480,000
Effective tax rate 35 %

Compute earnings per share data as it should appear in the 2017 income statement of Novak Corporation. (Round answers to 2 decimal places, e.g. 1.48.)

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