1 Part 1 of 6 2.08 points 04:32:17 eBook 01 Prim References 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 $4.00 per share at the end of this year. The company paid a common stock dividend of $0.80 per share this year. It also provided the following data excerpts from this year's financial statements: 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 $900,000 $ 522,000 5 378,000 $220,000 $12,000 $151,200 Ending Balance $45,500 $82,000 $ 67,600 $195,100 $640,000 $ 72,500 5188,000 $145,000 $460,000 $640,000 Beginning Balance $ 39,200 $ 61,200 $82,000) $182,400 $689,200 $ 73,500 $ 169,200 $145,000 $520,000 $689,200 Foundational 14-1 (Algo) Required: 1. What is the earnings per share? (Round your answer to 2 decimal places.) Earnings per share