On January 1, 2017, Sweet Industries had stock outstanding as follows. 6% Cumulative preferred stock, $100 par value, issued and outstanding 9,600 shares $960,000 Common stock, $10 par value, issued and outstanding 183,000 shares 1,830,000 To acquire the net assets of three smaller companies, Sweet authorized the issuance of an additional 158,400 common shares. The acquisitions took place as shown below. Date of Acquisition Company A April 1, 2017 Company B July 1, 2017 Company C October 1, 2017 Shares Issued 48,000 80,400 30,000 On May 14, 2017, Sweet realized a $92,400 (before taxes) insurance gain on discontinued operations. On December 31, 2017, Sweet recorded income of $320,400 from continuing operations (after tax). Assuming a 50% tax rate, compute the earnings per share data that should appear on the financial statements of Sweet Industries as of December 31, 2017. (Round answer to 2 decimal places, e.g. $2.55.) Sweet Industries Income Statement For the Year Ended December 31, 2017 - T Income From Continuing Operations Discontinued Operations Gain, Net of Tax Net Income / (Loss) On January 1, 2017, Sweet Industries had stock outstanding as follows. 6% Cumulative preferred stock, $100 par value, issued and outstanding 9,600 shares $960,000 Common stock, $10 par value, issued and outstanding 183,000 shares 1,830,000 To acquire the net assets of three smaller companies, Sweet authorized the issuance of an additional 158,400 common shares. The acquisitions took place as shown below. Date of Acquisition Company A April 1, 2017 Company B July 1, 2017 Company C October 1, 2017 Shares Issued 48,000 80,400 30,000 On May 14, 2017, Sweet realized a $92,400 (before taxes) insurance gain on discontinued operations. On December 31, 2017, Sweet recorded income of $320,400 from continuing operations (after tax). Assuming a 50% tax rate, compute the earnings per share data that should appear on the financial statements of Sweet Industries as of December 31, 2017. (Round answer to 2 decimal places, e.g. $2.55.) Sweet Industries Income Statement For the Year Ended December 31, 2017 - T Income From Continuing Operations Discontinued Operations Gain, Net of Tax Net Income / (Loss)