Exercise 19-12 (Algo) EPS; shares issued; stock dividend [LO19-5, 19-6) For the year ended December 31, 2021, Norstar Industries reported net income of $995,000. At January 1, 2021, the company had 1190,000 common shares outstanding. The following changes in the number of shares occurred during 2021 Apr. 30 Sold 125,000 shares in a public offering. May 24 Declared and distributed a 5% stock dividend. June 1 Issued 132,000 shares as part of the consideration for the purchase of assets from a subsidiary. Required: Compute Norstar's earnings per share for the year ended December 31, 2021. (Enter your answers in thousands. Round "EPS answer to 2 decimal places. Do not round intermediate calculations.) Numerator 995 Earnings per Share Denominator 1,167