Sosa Diet Supplements had earnings after taxes of $1,450,000 in the year 2011 with 335,000 shares of stock outstanding. On January 1, 2012, the firm issued 75,000 new shares. Because of the proceeds from these new shares and other operating improvements, earnings after taxes increased by 27 percent.

a.	Compute earnings per share for the year 2011. (Round your answer to 2 decimal places.)

b.	Compute earnings per share for the year 2012. (Round your answer to 2 decimal places.)