Porter Corporation owns all $30,000$ shares of the common stock of Street, Incorporated. Porter has $60,000$ shares of its own common

stock outstanding. During the current year, Porter earns net income $($without any consideration of its investment in Street$)$ of $$150,000$

while Street reports $$130,000.$ Annual amortization of $$10,000$ is recognized each year on the consolidation worksheet based on

acquisition$-$date fair$-$value allocations. Both companies have convertible bonds outstanding. During the current year, bond$-$related

interest expense $($net of taxes$)$ is $$32,000$ for Porter and $$24,000$ for Street. Porter's bonds can be converted into $8,000$ shares of

common stock; Street's bonds can be converted into $10,000$ shares. Porter owns none of these bonds.

Required:

What are the earnings per share amounts that Porter should report in its current year consolidated income statement?

Note: Round your answers to $2$ decimal places.Porter Corporation owns all $30,000$ shares of the common stock of Street, Incorporated. Porter has $60,000$ shares of its own common stock outstanding. During the current year, Porter earns net income $($without any consideration of its investment in Street$)$ of $$150,000$ while Street reports $$130,000.$ Annual amortization of $$10,000$ is recognized each year on the consolidation worksheet based on acquisition$-$date fair$-$value allocations. Both companies have convertible bonds outstanding. During the current year, bond$-$related interest expense $($net of taxes$)$ is $$32,000$ for Porter and $$24,000$ for Street. Porter$$s bonds can be converted into $8,000$ shares of common stock; Street$$s bonds can be converted into $10,000$ shares. Porter owns none of these bonds.