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On January 1, 2017, Cheyenne Industries had stock outstanding as follows. 6% Cumulative preferred stock, $100par value,issued and outstanding9,800shares$980,000Common stock, $10par value, issued and outstanding185,000shares1,850,000

On January 1, 2017, Cheyenne Industries had stock outstanding as follows.

6% Cumulative preferred stock, $100par value,issued and outstanding9,800shares$980,000Common stock, $10par value, issued and outstanding185,000shares1,850,000

To acquire the net assets of three smaller companies, Cheyenne authorized the issuance of an additional159,600common shares. The acquisitions took place as shown below.

Date of Acquisition

Shares Issued

Company A April 1, 201752,800Company B July 1, 201776,800Company C October 1, 201730,000

On May 14, 2017, Cheyenne realized a $91,200(before taxes) insurance gain on discontinued operations.

On December 31, 2017, Cheyenne recorded income of $273,600from continuing operations (after tax).

Assuming a50% tax rate, compute the earnings per share data that should appear on the financial statements of Cheyenne Industries as of December 31, 2017.

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