5. (10 points) Marsh Corporation was incorporated on January 2, 2020. The following information pertains to Sequoia's common stock transactions for 2020. Jan. 2 Number of shares authorized 400,000 Jan. 2 Number of shares issued 300,000 Jul. 1 Number of shares reacquired but not canceled 25,000 Dec. 1 Two-for-one stock split Dec. 31 Net income for 2020 for Sequoia is $2,635,200 On December 31, 2020, what is Marsh's earnings per share? Round earnings per share to two decimal places