Amed Construction is considering investing in a new project that will cost $10 million and increase net income by 15%. This project will be completely funded by issuing new equity shares. Currently, the firm has 50 million shares of stock outstanding with a market price of $25 per share. The current earnings per share are $3.50. What will the earnings per share be if the project is implemented? (Do not use the sign in your answer. If your answer is $85.93, enter 85.93) Numeric Response