Cambi Company began operations on January 1, 2016. In the second quarter of 2017, it adopted the FIFO method of inventory valuation. In the past, it used the LIFO method. The company's interim income statements as originally reported under the LIFO method follow:

201620171stQ2ndQ3rdQ4thQ1stQSales$27,000$29,000$31,000$33,000$35,000Cost of goods sold (LIFO)5,7006,7007,5008,70010,200Operating expenses3,7003,9004,3004,7004,900Income before income taxes$17,600$18,400$19,200$19,600$19,900Income taxes (40%)7,0407,3607,6807,8407,960Net income$10,560$11,040$11,520$11,760$11,940

If the FIFO method had been used since the company began operations, cost of goods sold in each of the previous quarters would have been as follows:

201620171stQ2ndQ3rdQ4thQ1stQCost of goods sold (FIFO)$5,500$6,300$6,900$7,700$9,100

Sales for the second quarter of 2017 are $37,000, cost of goods sold under the FIFO method is $10,700, and operating expenses are $5,100. The effective tax rate remains 40 percent. Cambi Company has 1,000 shares of common stock outstanding.

Make schedule showing the calculation of net income and earnings per share that Cambi reports for the three-month period and the six-month period ended June 30, 2017.(Round "Earnings per share" answers to 2 decimal places.)