At December 31, 2016 Tim Mattke Corporation has the following stock outstanding 10% cumulative preferred stock. $100 par, 107,500 shares $10,750,000 Common stock, 55 par, 4,000,000 shares 20.000.000 During 2017 Tim Mattke did not issue any additional common stock. The following also occurred during 2017 Income from continuing operations before taxes $23.650,000 Discontinued operations before tax benefit ($3.225.000) Preferred dividends declared $ 1.075,000 Common dividends declared $2,200,000 Effective tax rate 35% Required Compute the earnings per share as it should appear in the 2017 Income Statement of Tim Mattke Corporation (Round to the nearest two decimal places)