M&A Corporation has income from continuing operations of $1,160,000 and a gain on discontinued operations, net of tax, of $480,000. In addition, it has declared preference dividends of $2 per share on 100,000 shares of preference shares outstanding. M&A also has the following changes in its ordinary shares outstanding during 2015. Date Share Changes Shares Outstanding January 1 Beginning balance 360,000 May 1 Purchased 60,000 treasury shares 60,000 300,000 July 1 600,000 additional shares (3-for-1 share split) 600,000 900,000 December 31 Issued 100,000 shares for cash 100,000 December 31 1,000,000 Required: Compute the earnings per share information for M&A Corporation and show the way it should be reported in the income statement