Question: On January 1 , 2 0 2 5 , Blonsom Industries had stock outstanding as follows. 6 K Cumblative preferred stock, $ 1 0 0

On January 1,2025, Blonsom Industries had stock outstanding as follows.
6 K Cumblative preferred stock, $100 par value issued and outstanding 9.800 thares $980,000
Common stock, $10 par vabue, iswed and outntandine 206,000 theren
2,060,000
To acquire the net ansets of three smaller companies, Blossom authorired the issuance of an addicional 154.400 common thares. The acquinition took place as shown below.
\table[[Date of Acquasition,Shares lasued],[Compary A April 1,2025,48,000],[Company B Auly 1,2005,80.400],[Compury C October 1,2025,30.000]]
On May 14,2025, Blonsom realised a $88,800(before taves) gain on discontinued operations. On December 31,2025, Blossons recorded income of $774,800 from continulige operations.
Aswaming a 25% tax rate, compube the bosic earrings per share data that should appear on the finarkial statements of Bliossom Induntries an of December 31,2025.(Round andern to 2 decimal places ess. 2.55)
DLOSSOM IFBUSTRES
Incentre Statement
Decenber 31,2025
Incime Irom Coneinuing Operations
1
Gesortinued Operations Gan, Net of Ther
Net incorre//tionst
5
On January 1 , 2 0 2 5 , Blonsom Industries had

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