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2. (10 pts) On 12/31/22, Hite Industries reported retained earnings of $510,000 on its balance sheet, and it reported that it had $135,000 of net

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2. (10 pts) On 12/31/22, Hite Industries reported retained earnings of $510,000 on its balance sheet, and it reported that it had $135,000 of net income during the year. On its previous balance sheet, on 12/31/21, the company had reported $445,000 of retained earnings. No shares were repurchased during 2022 . The firm has 100,000 shares. How much is the DPS (Dividends Per Share) during 2022

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