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

6% Cumulative preferred stock, $100 par value, issued and outstanding 10,100 shares		$1,010,000
Common stock, $10 par value, issued and outstanding 199,000 shares		1,990,000

To acquire the net assets of three smaller companies, Sunland authorized the issuance of an additional 158,400 common shares. The acquisitions took place as shown below.

Date of Acquisition		Shares Issued
Company A April 1, 2017		50,400
Company B July 1, 2017		78,000
Company C October 1, 2017		30,000

On May 14, 2017, Sunland realized a $91,200 (before taxes) insurance gain on discontinued operations. On December 31, 2017, Sunland recorded income of $298,800 from continuing operations (after tax). Assuming a 50% tax rate, compute the earnings per share data that should appear on the financial statements of Sunland Industries as of December 31, 2017. (Round answer to 2 decimal places, e.g. $2.55.)

Standard Industries

Income Statement

For the Year Ended Dec 31, 2017

Income From Continuing Operations $?

Discontinued Operations Gain, Next of Tax $?

Net income / (Loss) $?