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Blossom Company had 188,400 shares of common stock outstanding on December 31,2026. During the year 2027, the company issued 8,000 shares on May 1 and
Blossom Company had 188,400 shares of common stock outstanding on December 31,2026. During the year 2027, the company issued 8,000 shares on May 1 and retired 14,000 shares on October 31. For the year 2027, Blossom Company reported net income of $268,800 after a loss from discontinued operations of $41,200 (net of tax). What earnings per share data should be reported at the bottom of its income statement? (Round answers to 2 decimal places, e.g. 2.55.)
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