Exercise 4-13

At December 31, 2019, Crane Corporation had the following stock outstanding.

10% cumulative preferred stock, $100 par, 108,612 shares		$10,861,200
Common stock, $5 par, 4,060,980 shares		20,304,900

During 2020, Crane did not issue any additional common stock. The following also occurred during 2020.

Income from continuing operations before taxes		$24,647,300
Discontinued operations (loss before taxes)		$3,285,900
Preferred dividends declared		$1,086,120
Common dividends declared		$2,248,400
Effective tax rate		35	%

Compute earnings per share data as it should appear in the 2020 income statement of Crane Corporation. (Round answers to 2 decimal places, e.g. 1.48.)

Earnings Per Share