The net income reported on the income statement of Styx Co. was $3,200,000. There were 250,000 shares of $5 par common stock and 250,000 shares of $1 preferred stock outstanding throughout the current year. The income statement included two extraordinary items: a $700,000 gain from condemnation of land and a $350,000 loss arising from flood damage, both after applicable income tax. Determine the per-share figures for common stock for

(a) Income before extraordinary items and

(b) Net income.