Brief Exercise 14-11 Ziegler Corporation reports net income of $270,000 and a weighted average of 180,000 shares of common stock outstanding for the year. Assume that Ziegler has cumulative preferred stock dividends for the current year of $18,000 that were declared and paid. Compute the earnings per share of common stock. (Round answer to 2 decimal places,e.g. 2.25.) Earnings per share