Question: Answer in thousands, please!!!! For the year ended December 31, 2021, Norstar Industries reported net income of $995,000. At January 1, 2021, the company had

Answer in thousands, please!!!! For the year ended December 31, 2021, Norstar

Answer in thousands, please!!!!

For the year ended December 31, 2021, Norstar Industries reported net income of $995,000. At January 1, 2021, the company had 1,190,000 common shares outstanding. The following changes in the number of shares occurred during 2021: Apr. 30 Sold 125,000 shares in a public offering. May 24 Declared and distributed a 5% stock dividend. June 1 Issued 132,000 shares as part of the consideration for the purchase of assets from a subsidiary. Required: Compute Norstar's earnings per share for the year ended December 31, 2021. (Enter your answers in thousands. Round "EPS" answer to 2 decimal places. Do not round intermediate calculations.)

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