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or the year ended December 3 1 , 2 0 2 4 , Norstar Industries reported net income of $ 9 6 5 , 0

or the year ended December 31,2024, Norstar Industries reported net income of $965,000. At January 1,2024, the company had 070,000 common shares outstanding. The following changes in the number of shares occurred during 2024:
pril 30 Sold 85,000 shares in a public offering
May 24 Declared and distributed a 5% stock dividend
June 1 Issued 96,000 shares as part of the consideration for the purchase of assets from a subsidiary
Required:
Compute Norstar's earnings per share for the year ended December 31,2024.
Note: Do not round intermediate calculations. Except for per share amounts, enter your answers in thousands (i.e.,10,000 shoul pe entered as 10). Round "Earnings per share" answer to 2 decimal places.
\table[[Numerator,-,Denominator,=,Earnings per Share],[,-,,=1,],[,,,,],[,,,,]]
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