The following pretax amounts are taken from the accounting records of Mastery Inc. on December $31,$ its annual year$-$end. Assume that the income tax rate for all items is $25\%.$ The average number of common shares

outstanding during the year was $20,000.$

Required

Compute the following amounts for the current year$-$end financial statements.

Do not use negative signs with any of your answers.

Enter the answer for earnings per share in dollars and cents, rounded to the nearest penny.