At December 31, 2013, Shulo Corporation had the following stock outstanding.
10% cumulative preferred stock, $100 par, 202,000 shares ... $20,200,000
Common stock, $1 par, 4,000,000 shares .......... 4,000,000
During 2014, Shulo did not issue any additional common stock. The following also occurred during 2014.
Income from continuing operations before taxes ........ $61,500,000
Discontinued operations (income before taxes) ....... 6,500,000
Preferred dividends declared .............. 2,020,000
Common dividends declared .............. 1,800,000
Effective tax rate .................... 40%

Instructions
Compute earnings per share data as it should appear in the 2014 income statement of Shulo Corporation. (Round to two decimal places.)