Below is select information from VC United income statement. At the end of Year 1, the weighted average number of common shares outstanding was 138,500.

Income Statement, End of Year 1
Sales	$	1,007,000
Cost of goods sold		813,000
Operating expenses		93,000
Tax expense		21,500

Required:

Calculate EPS for VC United. (Round your answer to 2 decimal places.)

Earnings per share