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 companys interim income statements as originally reported under the LIFO method follow:

	2016																2017
	1stQ				2ndQ				3rdQ				4thQ				1stQ
Sales	$	22,000			$	24,000			$	26,000			$	28,000			$	30,000
Cost of goods sold (LIFO)		5,200				6,200				7,000				8,200				9,700
Operating expenses		3,200				3,400				3,800				4,200				4,400
Income before income taxes	$	13,600			$	14,400			$	15,200			$	15,600			$	15,900
Income taxes (40%)		5,440				5,760				6,080				6,240				6,360
Net income	$	8,160			$	8,640			$	9,120			$	9,360			$	9,540

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:

	2016																2017
	1stQ				2ndQ				3rdQ				4thQ				1stQ
Cost of goods sold (FIFO)	$	5,000			$	5,800			$	6,400			$	7,200			$	8,600

Sales for the second quarter of 2017 are $32,000, cost of goods sold under the FIFO method is $10,200, and operating expenses are $4,600. The effective tax rate remains 40 percent. Cambi Company has 1,000 shares of common stock outstanding.

Prepare a 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.