1.66 points Inc., had net income of $124,900 for the year ended December 31,2016. At the beginning of the year, 43,000 shares of common stock were outstanding. On May 1, an additional 18,000 shares were Ringmeup, issued. On December 1 the year During Pe year, Ringmeup, Inc., paid the annual dvidend on the 500 unbil the end of the year. No other changes in common shares ouistanding ocourred during shares of 330%,$100 par vake preened sock hat were outstanding he entire year Required Calculabe basic earnings per share of common sock orthe year ended December 31, 2016. (Do notround intermediate cculations. Round your answer to 2 decimal places)