For the year ended December $31,2024,$ Norstar Industries reported net income of $$995,000.$ At January $1,2024,$ the company had

$1,190,000$ common shares outstanding. The following changes in the number of shares occurred during $2024$:

April $30$ 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 $31,2024.$

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.

Answer is complete but not entirely correct.