On January 1, 2018, Shamu Corporation had 100,000 shares of common stock outstanding. The following transactions occurred during 2018: March 1: Reacquired 3,700 shares, accounted for as treasury stock. September 30: Sold all the treasury shares. December 1: Sold 12,700 new shares for cash. December 31: Reported a net income of $205,500. The following transactions occurred during 2019: January 10: Declared and issued a 20% stock dividend. December 31: Reported a net income of $275,800. Required: Calculate Shamu's basic earnings per share for both years for presentation in comparative financial statements that will be prepared at the end of 2019. (Round your answers to 2 decimal places.) Earnings per share