At December 31, 2017 and 2018, Funk& Noble Corporation had outstanding 820 million shares of common stock and 2 million shares of 8%, $100 par value cumulative preferred stock. No dividends were declared on either the preferred or common stock in 2017 or 2018, Net income for 2018 was $426 million. The income tax rate is 40%. Calculate earnings per share for the year ended December 31, 2018. (Round your answer to 2 decimal places.) Earnings per share