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On January 1, 2020, Concord Industries had stock outstanding as follows. 6% Cumulative preferred stock, $100 par value, issued and outstanding 9,300 shares $930,000 Common

On January 1, 2020, Concord Industries had stock outstanding as follows.

6% Cumulative preferred stock, $100 par value, issued and outstanding 9,300 shares $930,000
Common stock, $10 par value, issued and outstanding 208,000 shares 2,080,000

To acquire the net assets of three smaller companies, Concord authorized the issuance of an additional 156,000 common shares. The acquisitions took place as shown below.

Date of Acquisition

Shares Issued

Company A April 1, 2020 50,400
Company B July 1, 2020 76,800
Company C October 1, 2020 28,800

On May 14, 2020, Concord realized a $88,800 (before taxes) insurance gain on discontinued operations. On December 31, 2020, Concord recorded income of $285,600 from continuing operations (after tax). Assuming a 20% tax rate, compute the earnings per share data that should appear on the financial statements of ConcordIndustries as of December 31, 2020. (Round answer to 2 decimal places, e.g. $2.55.)

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