On January 1, 2020, Sheridan Industries had stock outstanding as follows. $1,030,000 6% Cumulative preferred stock, $100 par value, issued and outstanding 10,300 shares Common stock, $10 par value, issued and outstanding 188,000 shares 1,880,000 To acquire the net assets of three smaller companies, Sheridan authorized the issuance of an additional 162,000 common shares. The acquisitions took place as shown below. Date of Acquisition Shares Issued 50,400 Company A April 1, 2020 Company B July 1, 2020 80,400 Company C October 1, 2020 31,200 On May 14, 2020, Sheridan realized a $88,800 (before taxes) insurance gain on discontinued operations. On December 31, 2020, Sheridan 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 Sheridan Industries as of December 31, 2020. (Round answer to 2 decimal places, e.g. $2.55.) Sheridan Industries Income Statement $