The following information was taken from the records of Skysong Inc. for the year 2017: Income tax applicable to income from continuing operations $174,148; income tax applicable to loss on discontinued operations $28,322, and unrealized holding gain on available-for-sale securities (net of tax) $18,000.

Gain on sale of equipment		$98,100		Cash dividends declared		$160,700
Loss on discontinued operations		83,300		Retained earnings January 1, 2017		625,400
Administrative expenses		246,100		Cost of goods sold		879,200
Rent revenue		44,500		Selling expenses		289,400
Loss on write-down of inventory		65,700		Sales Revenue		1,850,000

Shares outstanding during 2017 were 105,300.

Prepare a single-step income statement. (Round earnings per share to 2 decimal places, e.g. 1.48.)