At December 31, 2022, XYZ Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 107,500 shares $10,750,000 Common stock, $5 par, 4,000,000 shares 20,000,000 During 2022, XYZ did not issue any additional common stock. The following also occurred during 2022. Income from continuing operations before taxes $23,650,000 Discontinued operations (loss before taxes) $ 3,225,000 Preferred dividends declared $ 1,075,000 Common dividends declared $ 2,200,000 Effective tax rate 20% Instructions Compute earnings per share data as it should appear in the 2022 income statement of XYZ Corporation. (Round to two decimal places.)