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On January $1,2025,$ Cullumber Industries had stock outstanding as follows.

$6\%$ Cumulative preferred stock, $$100$ par value, issued and outstanding $9,500$ shares $,$$$950,000$

Common stock, $$10$ par value, issued and outstanding $202,000$ shares $2,020,000$

To acquire the net assets of three smaller companies, Cullumber authorized the issuance of an additional $166,800$ common shares. T$1$ acquisitions took place as shown below.

$\backslash$table$[[$Date of Acquisition,Shares Issued$],[$Company A April $1,2025,52,800],[$Company B July $1,2025,82,800],[$Company C October $1,2025,31,200]]$

On May $14,2025,$ Cullumber realized a $$94,800($before taxes$)$ gain on discontinued operations. On December $31,2025,$ Cullumber recorded income of $$306,000$ from continuing operations.

Assuming a $20\%$ tax rate, compute the basic earnings per share data that should appear on the financial statements of Cullumber Industries as of December $31,2025.($Round answers to $2$ decimal places, e$.$g$.2\mathrm{.}55.)$

CULUMBER INDUSTRIES Income Statement

For the Year Ended December $31,2025$

Income from Continuing Operations

$

Discontinued Operations Gain, Net of Tax