On January $1,2025,$ Blossom Industries had stock outstanding as follows.

$6\%$ Cumulative preferred stock, $$100$ par value, issued and outstanding $9,700$ shares

Common stock, $$10$ par value, issued and outstanding $200,000$ shares

$2,000,000$

To acquire the net assets of three smaller companies, Blossom authorized the issuance of an additional $157,200$ common shares. The

acquisitions took place as shown below.

On May $14,2025,$ Blossom realized a $$92,400($before taxes$)$ gain on discontinued operations. On December $31,2025,$ Blossom

recorded income of $$291,600$ from continuing operations.

Assuming a $20\%$ tax rate, compute the basic earnings per share data that should appear on the financial statements of Blossom

Industries as of December $31,2025.($Round answers to $2$ decimal places, e$.$g$.2\mathrm{.}55.)$

BLOSSOM INDUSTRIES

Income Statement

$