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

6% Cumulative preferred stock, $100 par value, issued and outstanding 10,800 shares		$1,080,000
Common stock, $10 par value, issued and outstanding 194,000 shares		1,940,000

To acquire the net assets of three smaller companies, Marigold authorized the issuance of an additional 160,800 common shares. The acquisitions took place as shown below.

Date of Acquisition		Shares Issued
Company A April 1, 2017		51,600
Company B July 1, 2017		78,000
Company C October 1, 2017		31,200

On May 14, 2017, Marigold realized a $91,200 (before taxes) insurance gain on discontinued operations. On December 31, 2017, Marigold recorded income of $330,000 from continuing operations (after tax). Assuming a 50% tax rate, compute the earnings per share data that should appear on the financial statements of Marigold Industries as of December 31, 2017. (Round answer to 2 decimal places, e.g. $2.55.)

Marigold Industries Income Statement For the Year Ended December 31, 2017 V Income From Continuing Operations 1.08 Discontinued Operations Gain, Net of Tax v 0.18 Net Income /(Loss) 1.26