E14-9 Kilgore Corporation earned net income of $71,000 for the second quarter of 20X6. The ledger reveals

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E14-9 Kilgore Corporation earned net income of $71,000 for the second quarter of 20X6. The ledger reveals the following figures: Preferred stock. $5.00 per year, no-par. 1.600 shares issued and outstanding. Common stock. $10 par. 52,000 shares issued. Treasury stock, common, 2,000 shares at cost.. $ 70,000 520,000 36.000 Required Compute Kilgore's EPS for the quarter. Kilgore Corporation had no changes in its stock accounts during the quarter.

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