Poison Corporation holds 70 percent of Snake Companys voting common shares but none of its preferred shares. Summary balance sheets for the companies on December 31, 20X1, are as follows:

	Poison Corporation					Snake Company
Assets
Cash		$	16,000				$	27,000
Accounts Receivable			38,000					48,000
Inventory			110,000					75,000
Buildings and Equipment			295,000					210,000
Less: Accumulated Depreciation			(132,000	)				(70,000	)
Investment in Snake Company			125,300
Total Assets		$	452,300				$	290,000
Liabilities and Owners Equity
Accounts Payable		$	78,300				$	51,000
Wages Payable			49,000
Preferred Stock			100,000					60,000
Common Stock ($10 par value)			120,000					100,000
Retained Earnings			105,000					79,000
Total Liabilities and Owners Equity		$	452,300				$	290,000

Neither of the preferred issues is convertible. Poisons preferred pays a 9 percent annual dividend and Snakes preferred pays a 10 percent dividend. Snake reported net income of $46,000 and paid a total of $23,000 of dividends in 20X1. Poison reported $61,000 of income from its separate operations and paid total dividends of $50,000 in 20X1. Required: Compute 20X1 consolidated EPS. Ignore any tax consequences. (Round your answer to 2 decimal places.)

Consolidated earnings per share