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For the year ended December 3 1 , 2 0 2 4 , Norstar Industries reported net income of $ 9 0 0 , 0

For the year ended December 31,2024, Norstar Industries reported net income of $900,000. At January 1,2024, the company had 700,000 common shares outstanding. The following changes in the number of shares occurred during 2024:
April 30 Sold 20,000 shares in a public offering
May 24 Declared and distributed a 5% stock dividend
June 1 Issued 12,000 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 31,2024.

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