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Waterway Industries purchased Carla Vista Co. and agreed to give stockholders of Carla Vista Co. 49900 additional shares in 2023 if Carla Vista Co's net

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Waterway Industries purchased Carla Vista Co. and agreed to give stockholders of Carla Vista Co. 49900 additional shares in 2023 if Carla Vista Co's net income in 2022 is $608000 or more; in 2021 Carla Vista Co's net income is $613000. Waterway has net income for 2021 of $1505000 and has an average number of common shares outstanding for 2021 of 496000 shares. What should Waterway report as earnings per share for 2021

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