The comparative financial statements prepared at December 31, 2017, for Pinnacle Plus showed the following summarized data:

	2017			2016
Income Statement
Sales Revenue*	$	122,000		$	111,000
Cost of Goods Sold		56,800			52,800
Gross Profit		65,200			58,200
Operating Expenses		39,600			36,600
Interest Expense		3,800			3,800
Income before Income Tax Expense		21,800			17,800
Income Tax Expense (30%)		6,540			5,340
Net Income	$	15,260		$	12,460
Balance Sheet
Cash	$	47,108		$	12,580
Accounts Receivable, Net		35,000			38,000
Inventory		31,000			36,000
Property and equipment, Net		91,000			101,000
Total Assets	$	204,108		$	187,580
Accounts Payable	$	39,968		$	32,800
Income Tax Payable		980			480
Note Payable, Long-Term		38,000			38,000
Total Liabilities		78,948			71,280
Contributed Capital (8,900 shares)		89,000			89,000
Retained Earnings		36,160			27,300
Total Liabilities and Shareholders' Equity	$	204,108		$	187,580

3-a. Compute the earnings per share for 2017 and 2016.