Sunland Corporation purchased Novak Inc. and agreed to give stockholders of Novak 49,400 additional shares in 2027 if Novak's net income in 2026 is $593,000 or more; in 2025 Novak's net income is $617,000. Sunland has a net income for 2025 of $1,498,000 and an average number of common shares outstanding of 506,000 shares.
What should Sunland report as earnings per share for 2025?
