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On January 1, 2020, Culver Industries had stock outstanding as follows. $930,000 6% Cumulative preferred...

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On January 1, 2020, Culver Industries had stock outstanding as follows. $930,000 6% Cumulative preferred stock, $100 par value, issued and outstanding 9.300 shares Common stock, $10 par value, issued and outstanding 208,000 shares 2,080,000 To acquire the net assets of three smaller companies, Culver authorized the issuance of an additional 156,000 common shares. The acquisitions took place as shown below. Date of Acquisition Shares Issued 50,400 Company A April 1, 2020 Company B July 1, 2020 Company C October 1, 2020 76,800 28,800 On May 14,2020, Culver realized a $88.800 (before taxes) insurance gain on discontinued operations. On December 31, 2020, Culver recorded income of $285,600 from continuing operations (after tax). Assuming a 20% tax rate, compute the earnings per share data that should appear on the financial statements of Culver Industries as of December 31, 2020. (Round answer to 2 decimal places, eg. $2.55.) Culver Industries Income Statement > $ $

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