On July 1, 20X2, Alan Enterprises merged with Terry Corporation through an exchange of stock and the subsequent liquidation of Terry. Alan issued 216,000 shares of its stock to effect the combination. The book values of Terry's assets and liabilities were equal to their fair volues at the date of combination, and the value of the shares exchanged was equal to Cherry's book value. Information relating to income for the companies is as follows: Alan Enterprises had 1,130,000 shares of stock outstanding prior to the combination. Remember that when calculating earnings per share (EPS) for the year of the combination, the shares issued in the combination were not outstanding for the entire year. Required: Compute the net income and earnings-per-share amounts that would be reported in Alan's 202 comparative income statements for both 202 and 201. Note: Round earnings per share to 2 decimal places