On January 1, 2020, Sheffield Industries had stock outstanding as follows. $970,000 6% Cumulative preferred stock, $100 par value, issued and outstanding 9,700 shares Common stock, $10 par value, issued and outstanding 218,000 shares 2,180,000 To acquire the net assets of three smaller companies, Sheffield authorized the issuance of an additional 160,800 common shares. The acquisitions took place as shown below. Date of Acquisition Company A April 1, 2020 Company B July 1, 2020 Company C October 1, 2020 Shares Issued 50,400 81,600 28,800 On May 14, 2020, Sheffield realized a $91,200 (before taxes) insurance gain on discontinued operations. On December 31, 2020, Sheffield recorded income of $273,600 from continuing operations (after tax). Assuming a 20% tax rate, compute the earnings per share data that should appear on the financial statements of Sheffield Industries as of December 31, 2020. (Round answer to 2 decimal places, e.g. $2.55.) Sheffield Industries Income Statement $ $