17. Income Statement for Xenon Manufacturing:

2008 2009

Total sales 202 212

Cost of salesm 148 172

Gross Profit 54 40

Selling, general,

and administrative expenses 22 20

Research and development 8 7

Depreciation and amortization 4 3

Other income 4 6

Earnings before interest

and taxes (EBIT)24 16

Interest income (expense) 7 4

Pretax income 14 12

Taxes 4 3

Net Income 10 9

Consider the above Income Statement for Xenon Manufacturing. All values are in millions of dollars. If Xenon Manufacturing has 25 million shares outstanding, what is its EPS in 2009?