On January 1, 2020, Sunland Limited had shares outstanding as follows:

7% cumulative preferred shares, $100 par value, 10,400 shares issued and outstanding		$1,040,000
Common shares, 209,000 shares issued and outstanding		2,090,000

To acquire the net assets of three smaller companies, the company authorized the issuance of an additional 332,000 common shares. The acquisitions were as follows:

Date of Acquisition		Shares Issued
Company A: April 1, 2020		197,000
Company B: July 1, 2020		109,000
Company C: October 1, 2020		26,000

On May 14, 2020, Sunland realized a $100,000 gain (before tax) on a discontinued operation from a business segment that had originally been purchased in 2000. On December 31, 2020, the company recorded income of $675,000 before tax, not including the discontinued operation gain. Sunland has a 40% tax rate.

Calculate the earnings per share for 2020 as it should be reported to shareholders. (Round answer to 2 decimal places, e.g. 15.25.)

		Earnings per share
Income before gain from discontinued operations		$enter a dollar amount
Discontinued operations gain net of tax		$enter a dollar amount
Net income		$enter a total amount

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Assume that Sunland declared a 1-for-2 reverse stock split on February 10, 2021, and that the companys financial statements for the year ended December 31, 2020, were issued on February 28, 2021. Calculate earnings per share for 2020 as it should be reported to shareholders. (Round answer to 2 decimal places, e.g. 15.25.)

		Earnings per share
Income before gain from discontinued operations		$enter a dollar amount
Discontinued operations gain net of tax		$enter a dollar amount
Net income		$enter a total amount