For the year ended December $31,2024,$ Norstar Industries reported net income of $$920,000.$ At January $1,2024,$ the company had $780,000$ common shares outstanding. The following changes in the number of shares occurred during $2024$:

April $30$ Sold $40,000$ shares in a public offering

May $24$ Declared and distributed a $5\%$ stock dividend

June $1$ Issued $36,000$ 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 $31,2024.$

Note: Do not round intermediate calculations. Except for per share amounts, enter your answers in thousands $($i$.$e$.,10,000$ should be entered as $10).$ Round "Earnings per share" answer to $2$ decimal places.

Numerator $-$: Denominator $=$ Earnings per Share

not attempted $-$: not attempted $=$