1 Part 1 of 6 08 oints Required information The Foundational 15 (Algo) [LO14-2, LO14-3, LO14-4, LO14-5, LO14-6] [The following information applies to the questions displayed below] Markus Company's common stock sold for $2.00 per share at the end of this year. The company paid a common stock dividend of $0.42 per share this year. It also provided the following data excerpts from this year's financial statements Skipped eBook Print References Cash Accounts receivable Inventory Current assets Total assets Current liabilities Total liabilities Common stock, $1 par value Total stockholders' equity Total liabilities and stockholders' equity Sales (all on account) Cost of goods sold Gross margin Net operating income Interest expense Net income This Year $585,000 $339,300 $ 245,700 $ 75,500 $ 4,500 $ 49,700 Ending Balance $ 30,500 $ 52,000 $ 49,300 $131,800 $ 353,000 $52,500 $ 98,000 $ 111,000 $ 255,000 $ 353,000 Beginning Balance $ 46,000 $ 45,000 $ 52,000 $143,000 $318,200 $ 37,500 $ 88,200 $111,000 $ 230,000 $318,200 Foundational 14-1 (Algo) Required: 1. What is the earnings per share? (Round your answer to 2 decimal places.) Eamings per sher