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A company reports the following: Net income $333,670 Preferred dividends $24,720 Shares of common stock outstanding 37,000 Market price per share of common stock $24.22

A company reports the following: Net income $333,670 Preferred dividends $24,720 Shares of common stock outstanding 37,000 Market price per share of common stock $24.22 Calculate the company's earnings per share on common stock. Round your answer to the nearest cent

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