Bart Company issued 10,000 shares of its $15 par value common stock at a cash price of $22 per share on June 19. The entry to record this transaction would be: Reedley Corporation had a net income of $37,380. The weighted-average common shares outstanding were 7,460. There were no declared dividends to its preferred stockholders. Calculate the company's earnings per share ratio is (round to the nearest cent, for example, $4.365 would be 4.37)