Question: Help Save & Exit Submit Check my work For the year ended December 31, 2021, Norstar Industries reported net income of $950,000. At January 1,

Help Save & Exit Submit Check my work For the year ended December 31, 2021, Norstar Industries reported net income of $950,000. At January 1, 2021, the company had 1,010,000 common shares outstanding. The following changes in the number of shares occurred during 2021 Apr. 30 Sold 70,000 shares in a public offering. May 24 Declared and distributed a 5 stock dividend. June 1 Issued 78,000 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.) Earnings per / Denominator = Numerator 950 S

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