For the year ended December 31, 2021, Norstar Industries reported net income of $925,000. At January 1, 2021, the company had 800,000 common shares outstanding. The following changes in the number of shares occurred during 2021:

Apr.		30		Sold 45,000 shares in a public offering.
May		24		Declared and distributed a 5% stock dividend.
June		1		Issued 42,000 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, 2021.