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On January 1, 2017,ConcordIndustries had stock outstanding as follows. 6% Cumulative preferred stock, $100par value,issued and outstanding9,600shares$960,000Common stock, $10par value, issued and outstanding181,000shares1,810,000 To acquire

On January 1, 2017,ConcordIndustries had stock outstanding as follows.

6% Cumulative preferred stock, $100par value,issued and outstanding9,600shares$960,000Common stock, $10par value, issued and outstanding181,000shares1,810,000

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

Date of Acquisition

Shares Issued

Company A April 1, 201749,200Company B July 1, 201779,200Company C October 1, 201731,200

On May 14, 2017,Concordrealized a $90,000(before taxes) insurance gain on discontinued operations.

On December 31, 2017,Concordrecorded income of $312,000from continuing operations (after tax).

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

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