On 15 July, an analyst is examining a company with a fiscal year ending on 31 December.

Use the following data to calculate the company’s trailing 12 month earnings (for the period ended 30 June 2010):

• Earnings for the year ended 31 December, 2009: $1,200;

• Earnings for the six months ended 30 June 2009: $550; and

• Earnings for the six months ended 30 June 2010: $750.