For the year ended December 31, 2021, Norstar Industries reported net income of $910,000. At January 1, 2021, the company had 740,000 common shares outstanding. The following changes in the number of shares occurred during 2021: Apr. 30 Sold 30,000 shares in a public offering. May 24 Declared and distributed a 5% stock dividend. Issued 24,000 shares as part of the consideration for the purchase of assets June 1 from a subsidiary. Required: Compute Norstar's earnings per share for the year ended December 31, 2021. (Enter your answers in thousands. Round "EPS" answer to 2 decimal places. Do not round intermediate calculations.) Numerator / Denominator Earnings per Share $ 1.18 $ 910/ 774,000 =