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

6% Cumulative preferred stock, $100 par value, issued and outstanding 9,100 shares		$910,000
Common stock, $10 par value, issued and outstanding 186,000 shares		1,860,000

To acquire the net assets of three smaller companies, Larkspur authorized the issuance of an additional 160,800 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		79,200
Company C October 1, 2020		31,200

On May 14, 2020, Larkspur realized a $86,400 (before taxes) insurance gain on discontinued operations. On December 31, 2020, Larkspur recorded income of $289,200 from continuing operations (after tax). Assuming a 20% tax rate, compute the earnings per share data that should appear on the financial statements of Larkspur Industries as of December 31, 2020. (Round answer to 2 decimal places, e.g. $2.55.)

Larkspur Industries Income Statement For the Year Ended December 31, 2020 Income From Continuing Operations