Below are excerpts from Bull Inc 2020 financial statements: 108 16 25 to hth to the 147 68 158 Balance Sheet (in millions) Assets 2020 2019 Cash $ 120 $ A/R $ 18 $ Inventory Total Current Assets $ 163 $ PPE 75 $ Land 150 $ Total Assets 388 $ Liabilities A/P $ 14 $ Unearned Rev Total Current Liabilities $ 26 $ Bonds Payable $ 11 $ Notes Payable $ 55 $ Total Liabilities $ 92 $ Stockholder's Equity Common Stock 40 $ APIC 85 $ Retained Earnings $ 171 $ Total Stockholder's Equity $ 296 $ Total Liabilities and $ 388 $ Stockholder's Equity ta ta ta ta 292 373 Book Value per share is $10 Income Statement 2020 2019 Sales $ 54 51 Operating Exp $ Operating Inc $ 10 $ Interest Expense $ 3 2 Net Income $ 7 $ 8 6. Based on this information, calculate basic earnings per share for 2020. Round your answer to two decimals (e.g. enter $10.2576 as 10.26)