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Aylmer Inc had total revenue of $550,000 and total expenses of $315,000. Preferred shares received a dividend of $10,000. There are 125,000 common shares outstanding.

Aylmer Inc had total revenue of $550,000 and total expenses of $315,000. Preferred shares received a dividend of $10,000. There are 125,000 common shares outstanding. How much is the earnings per share?

Please enter your answer as a dollar amount - Ex $1.25

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