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25. River City, Inc. reported the following for 2018: Net sales $220,000 Net income $37,000 Market price per share of common stock $28.75 Dividends $4,100

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25. River City, Inc. reported the following for 2018: Net sales $220,000 Net income $37,000 Market price per share of common stock $28.75 Dividends $4,100 Average number of shares of common stock outstanding 10,000 What are the earnings per share for River City, Inc. (to the nearest cent)

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