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Below is select information from VC United income statement. At the end of Year 1, the weighted average number of common shares outstanding was 135,500.

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Below is select information from VC United income statement. At the end of Year 1, the weighted average number of common shares outstanding was 135,500. Income Statement, End of Year 1 Sales Cost of goods sold Operating expenses Tax expense $977,000 807,000 87,000 18,500 Required: Calculate EPS for VC United. (Round your answer to 2 decimal places.) arnings per share

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