Eagle Corporation holds 80 percent of Standard Companys common shares. The companies report the following balance sheet data for December 31, 20X1:

	Eagle Corporation			Standard Company
Assets
Cash	$	57,000		$	47,000
Accounts Receivable		84,000			64,000
Inventory		121,000			71,000
Buildings and Equipment		730,000			320,000
Less: Accumulated Depreciation		(300,000	)		(145,000	)
Investment in Standard Company Stock		136,000
Total Assets	$	828,000		$	357,000
Liabilities and Owners Equity
Accounts Payable	$	191,000		$	87,000
Taxes Payable		77,000
Preferred Stock ($10 par value)		200,000			100,000
Common Stock:
$10 par value		100,000
$5 par value					50,000
Retained Earnings		260,000			120,000
Total Liabilities and Owners Equity	$	828,000		$	357,000

An 8 percent annual dividend is paid on the Eagle preferred stock and a 12 percent dividend is paid on the Standard preferred stock. Eagle's preferred shares are not convertible. Standards preferred shares can be converted into 15,000 shares of common stock at any time. For 20X1, Standard reports $47,000 of net income and pays total dividends of $27,000, and Eagle reports $69,000 of income from its separate operations and pays total dividends of $42,000.

Required:

Compute basic and diluted EPS for the consolidated entity for 20X1. (Round your answers to 2 decimal places.)