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ABC has sales of $925236.38, costs of $352220.38, depreciation expense of $49439.41, interest expense of $35843.30, and a tax rate of 31.51 percent. Further ABC

image text in transcribed ABC has sales of $925236.38, costs of $352220.38, depreciation expense of $49439.41, interest expense of $35843.30, and a tax rate of 31.51 percent. Further ABC 's payout rate is 32.22 percent and ABC has 82752 shares of common stock outstanding. What are the earnings per share? (Do NOT include the \$ sign. Round your final answer to 2 decimal places, e.g. 110.10)

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