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On January 1 , 2 0 2 5 , Carla Vista Industries had stock outstanding as follows. 6 % Cumulative preferred stock, $ 1 0

On January 1,2025, Carla Vista Industries had stock outstanding as follows.
6% Cumulative preferred stock, $100 par value, issued and outstanding 9,800 shares $980,000
Common stock, $10 par value, issued and outstanding 189,000 shares 1,890,000
To acquire the net assets of three smaller companies, Carla Vista authorized the issuance of an additional 160,800 common shares. The acquisitions took place as shown below.
On May 14,2025, Carla Vista realized a $87,600(before taxes) gain on discontinued operations. On December 31,2025, Carla Vistar recorded income of $321,600 from continuing operations.
Assuming a 25% tax rate, compute the basic earnings per share data that should appear on the financial statements of Carla Vista Industries as of December 31,2025.(Round answers to 2 decimal places, e.g.2.55.)
CARLA VISTA INDUSTRIES
Income Statement
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