On January 1,2021 , Shamu Corporation had 100,000 shares of common stock outstanding. The following transactions occurred during 2021: March 1 1: Reacquired 2,700 shares, accounted for as treasury stock. September 30: Sold all the treasury shares. December 1: Sold 11,700 new shares for cash. December 31 : Reported a net income of $195,500. The following transactions occurred during 2022 : January 10: Declared and issued a 30% stock dividend. December 31 : Reported a net income of $265,800. Required: Calculate Shamu's basic earnings per share for both years for presentation in comparative financial statements that will be prepared at the end of 2022 . (Round your answers to 2 decimal places.)