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Buffalo Corporation had 2020 net income of $799,000. During 2020, Buffalo paid a dividend of $2 per share on 53,550 shares of preferred stock. During
Buffalo Corporation had 2020 net income of $799,000. During 2020, Buffalo paid a dividend of $2 per share on 53,550 shares of preferred stock. During 2020, Buffalo had outstanding 187,000 shares of common stock. Compute Buffalo's 2020 earnings per share. (Round answer to 2 decimal places, e.g. 3.56.) Earnings per share $ per share
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