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Barnyard, Incorporated's 2 0 1 8 income statement lists the following income and expenses: EBIT = $ 5 0 4 , 5 0 0 ,

Barnyard, Incorporated's 2018 income statement lists the following income and expenses: EBIT = $504,500, Interest expense = $47,000, and Taxes = $156,500. Barnyard's has no preferred stock outstanding and 160,000 shares of common stock outstanding. What are its the 2018 earnings per share? (Round your answer to 2 decimal places.)

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