At December 31, 2016 Tim Mattke Corporation has the following stock outstanding 10% cumulative preferred stock, $100 par, 107500 shares Common stock, $5 par, 4,000,000 shares $10,750,000 20,000,000 During 2017, Tim Mattke did not issue any additional common stock. The following also occurred during 2017 $23,650,000 ($3,225,000) Income from continuing operations before taxes Discontinued operations before tax benefit Preferred dividends declared Common dividends declarecd Effective tax rate $ 1,075,000 $ 2.200,000 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)