On January 1, 2025. Sandhill Industries had stock outstanding as follows. 6% Cumulative preferred stock. $100 par value, issued and outstanding 9,600 shares Common stock, $10 par value, issued and outstanding 181,000 shares $960,000 1,810,000 To acquire the net assets of three smaller companies, Sandhill authorized the issuance of an additional 159,600 common shares. The acquisitions took place as shown below. Date of Acquisition Shares Issued Company A April 1, 2025 49.200 Company B July 1, 2025 79,200 Company C October 1.2025 31.200 On May 14, 2025, Sandhill realized a $90,000 (before taxes) gain on discontinued operations. On December 31, 2025, Sandhill recorded income of $312.000 from continuing operations Assuming a 20% tax rate, compute the basic earnings per share data that should appear on the financial statements of Sandhill Industries as of December 31, 2025. (Round answers to 2 decimal places, eg. 2.55) SANDHILL INDUSTRIES Income Statement December 31, 2025