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Poison Corporation holds 70 percent of Snake Company's voting common shares but none of its preferred shares. Summary balance sheets for the companies on December

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Poison Corporation holds 70 percent of Snake Company's voting common shares but none of its preferred shares. Summary balance sheets for the companies on December 31, 20X1, are as follows: Neither of the preferred issues is convertible. Poison's preferred pays a 9 percent annual dividend and Snake's preferred pays a 10 percent dividend. Snake reported net income of $53,000 and pald a total of $22,000 of dividends in 201. Poison reported $65,000 of income from its separate operations and paid total dividends of $50,000 in 201. Required: Compute 201 consolidated EPS. Ignore any tax consequences. (Round your answer to 2 decimal places.)

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