The following information is provided. Sales revenue Gain on sale of plant assets Selling and administrative expenses Cost of goods sold HK$96,000 28,800 9,600 52,800 4,800 20 % Interest expense Income tax rate Determine (a) Income from operations HK$ (b) Income before income tax HK$ (c ) Net income HK$ In 2022, Blossom Corporation reported net income of $1,196,600. It declared and paid preference dividends of $278,580. During 2022, Blossom had a weighted average of 197,000 ordinary shares outstanding. Compute Blossom's 2022 earnings per share. (Round earnings per share to 2 decimal places, e.g. 1.48.) Blossom's 2022 earnings per share $