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2. In 2023 , Moore Corporation reported net income of $3,275,000 and comprehensive income of $4,000,000. The company declared and paid common stock dividends of

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2. In 2023 , Moore Corporation reported net income of $3,275,000 and comprehensive income of $4,000,000. The company declared and paid common stock dividends of $800,000 and preferred stock dividends of $650,000. During 2023 , Moore had a weighted average of 725,000 common shares outstanding. Compute Moore Corporation's 2023 earnings per share (round to nearest cent)

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