On January 1 2012 Bailey Industries had stock outstanding as follows.To acquire

On January 1 2012 Bailey Industries had stock outstanding as follows.To acquire the net assets of three smaller companies Bailey authorized the issuance of an additional 176400 common shares. The acquisitions took place as shown below.On May 14 2012 Bailey realized a $106800 (before taxes) insurance gain on the expropriation of investments originally purchased in 2000.On December 31 2012 Bailey recorded net income of $321600 before tax and exclusive of the gain.Assuming a 43% tax rate compute the earnings per share data that should appear on the financial statements of Bailey Industries as of December 31 2012. Assume that the expropriation is extraordinary. (Round answer to 2 decimal places e.g. $2.55.)