Extreme Company reported the following information about its stock on its December 31, 2016, balance sheet:

Preferred stock, $2 par value, 5% cumulative, 300,000 shares authorized, 120,000 shares issued and outstanding $240,000 Common stock, $1 par value, 500,000 shares authorized, 240,000 shares issued and outstanding 240,000

The following amounts were taken from Extreme's income statement:

Income from continuing operations before income taxes $680,000 Income tax expense (204,000) Income from continuing operations $476,000 Loss from discontinued operations, net of $13,000 tax benefit (36,000) Net income $440,000

The only stock issued during 2016 was 80,000 shares of common stock issued on June 30, 2016. No dividends were declared during 2016.

Calculate all earnings per share amounts for 2016. If required, round your answer to two decimals.