Ethan Corporation had 100,000 common shares outstanding on December 31, 2013. During 2014, the company issued 12,000 shares on March 1, retired 5,000 shares on July 1, issued a 20% stock dividend on October 1, and issued 18,000 shares on December 1. For 2014, the company reported net income of $400,000 after a loss from discontinued operations of $50,000 (net of tax). The company issued a 2-for-1 stock split on February 1, 2015, and the company's financial statements for the year ended December 31, 2014, were issued on February 28, 2015. Calculate earnings per share for 2014 as it should be reported to shareholders?