On January 1, 2017, Blossom Industries had stock outstanding as follows 6% Cumulative preferred stock, $100 par value, issued and outstanding 9,100 shares $910,000 Common stock, $10 par value, issued and outstanding 209,000 shares To acquire the net assets of three smaller companies, Blossom authorized the issuance of an additional 162,000 common shares. The acquisitions took place as shown below. 2,090,000 Date of Acquisition Shares Issued Company A April 1, 2017 Company B July 1, 2017 Company C October 1, 2017 50,400 80,400 31,200 On May 14, 2017, Blossom realized a $92,400 (before taxes) nsurance gain on discontinued operations. On December 31, 2017, Blossom recorded income of $307,200 from continuing operations (after tax,) Assuming a 50% tax rate, compute the earnings per share data that should appear on thefinancial statements o B os som n ustnes as o ecember 20 7 ou a erto 2 dec a places eg $2.55.) Blossom Industries Income Statement For the Year Ended December 31, 2017 Income From Continuing Operations 175800 Discontinued Operations Gain, Net of Tax Net Income / (Loss)