For the year ended December 31, 2018, Norstar Industries reported net income of $985,000. At January 1, 2018, the company had 1,150,000 common shares outstanding. The following changes in the number of shares occurred during 2018 Apr. 30 Sold 105,000 shares in a public offering May 24 Declared and distributed a 5% stock dividend une 1 Issued 120,000 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, 2018. (Enter your answers in thousands.) Numerator DenominatorEarnings per Share