Assume the following financial data for the Noble Corporation and Barnes Enterprises: Noble Corporation Barnes Enterprises Total earnings $2,240,000 $7,900,000 Number of shares of stock outstanding 800,000 3,950,000 Earnings per share $ 2.80 $ 2.00 Price-earnings ratio (P/E) 25 35 Market price per share $ 70 $ 70 ces If all the shares of the Noble Corporation are exchanged for those of Barnes Enterprises on a share-for-share basis, what will postmerger earnings per share be for Barnes Enterprises? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Postmerger earnings per share C