Cricket Inc. had 360,000 shares of common stock outstanding on January 1, 2011 and issued 120,000 shares on August 1, 2011. There were $600,000 of preferred stock dividends declared and paid during the year. If net income for the year ended December 31, 2011 was $2,724,000, the earnings per share were:

"jake’s roof repair has provided the following data concerning its costs: fixed cost per month cost per repair-hour wages and salaries $ 20,900 $ 15.00 parts and supplies $ 7.70 equipment depreciation $ 2,800 $ 0.35 truck operating expenses $ 5,720 $ 1.60 rent $ 4,690 administrative expenses $ 3,850 $ 0.50 for example, wages and salaries should be $20,900 plus $15.00 per repair-hour. the company expected to work 2,600 repair-hours in may, but actually worked 2,500 repair-hours. the company expects its sales to be $47.00 per repair-hour. required: compute the company’s activity variances for may."