How do I calculate the following earnings per share using the given information?

Income before extraordinary item

Extraordinary gain

Net Income

The following incorrect income statement was prepared by the accountant of the Axel Corporation:

AXEL CORPORATION Income Statement For the Year Ended December 31, 2013
Revenues and gains:
Sales				$	640,000
Interest and dividends					35,000
Gain from litigation settlement					85,000
Total revenues and gains					760,000
Expenses and losses:
Cost of goods sold	$	345,000
Selling expenses		62,000
Administrative expenses		84,000
Interest		30,000
Restructuring costs		59,000
Income taxes		72,000
Total expenses and losses					652,000
Net Income				$	108,000
Earnings per share				$	1.08

Required:

Prepare a multiple-step income statement for 2013 applying generally accepted accounting principles. The income tax rate is 40%. The gain from litigation settlement is considered an unusual and infrequent event and the amount is material. (Amounts to be deducted should be indicated with a minus sign. Round EPS answers to 2 decimal places.)