On January 1, 2020, Pronghorn Industries had stock outstanding as follows. 6% Cumulative preferred stock. $100 par value, issued and outstanding 10,600 shares Common stock, $10 par value, issued and outstanding 195,000 shares $1,060,000 1,950,000 To acquire the net assets of three smaller companies, Pronghorn authorized the issuance of an additional 158,400 common shares The acquisitions took place as shown below. Date of Acquisition Shares Issued Company A April 1, 2020 $2,800 Company B July 1, 2020 76,800 Company C October 1, 2020 28,800 On May 14, 2020, Pronghorn realized a $86,400 (before taxes) insurance gain on discontinued operations. On December 31, 2020. Pronghorn recorded income of $276,000 from continuing operations (after taxd. Assuming a 25% tax rate, compute the earnings per share data that should appear on the financial statements of Pronghorn Industries as of December 31, 2020. (Round answer to 2 decimal places, ea $2.55) Common stock, $10 par value, issued and outstanding 195,000 shares 1,950,000 To acquire the net assets of three smaller companies, Pronghorn authorized the issuance of an additional 158,400 common shares. The acquisitions took place as shown below. Date of Acquisition Shares Issued Company A April 1, 2020 52,800 Company B. July 1, 2020 76,800 Company C October 1, 2020 28,800 On May 14, 2020, Pronghorn realized a $86,400 (before taxes) insurance gain on discontinued operations. On December 31, 2020, Pronghorn recorded income of $276.000 from continuing operations (after taxd. Assuming a 25% tax rate, compute the earnings per share data that should appear on the financial statements of Pronghorn Industries as of December 31, 2020. (Round answer to 2 decimal places, eg. $2.55) Pronghorn Industries Income Statement For the Year Ended December 31, 2020 Income From Continuing Operations Discontinued Operations Gain, Net of Tax Net Income/Lossl 0.23