Under its executive stock option plan, National Corporation granted 60 million options on January 1 , 2024 , that permit executives to purchase 60 million of the company's $1 par common shares within the next six years, but not before December 31, 2026 (the vesting date). The exercise price is the market price of the shares on the date of grant, $23 per share. The fair value of the options, estimated by an appropriate option pricing model, is $5 per option. Suppose that unexpected turnover during 2025 caused the forfeiture of 5% of the stock options. Compute the amount of compensation expense for 2025 and 2026. Note: Enter your answers in millions rounded to 2 decimal places (i.e., 5,500,000 should be entered as 5.50) For the year ended December 31,2024 , Norstar Industries reported net income of $935,000. At January 1,2024 , the company had 840,000 common shares outstanding. The following changes in the number of shares occurred during 2024 : April 30 Sold 55,000 shares in a public offering May 24 Declared and distributed a 5 stock dividend June 1 Issued 54,000 shares as part of the consideration for the purchase of assets from a Required: Compute Norstar's earnings per share for the year ended December 31, 2024. Note: Do not round intermediate calculations. Except for per share amounts, enter your answers in thousands (i.e., 10,000 should be entered as 10). Round "Earnings per share" answer to 2 decimal places