C 2. Earnings per share and retained earnings Quantum Technology had $693,000 of retained earnings on December 31, 20X2. The company paid common dividends of $37,100 in 20X2 and had retained earnings of $547,000 on December 31, 20X1. a. How much did Quantum Technology eam during 20X2? b. What would earnings per share be if 48,200 shares of common stock were outstanding? (Round your answer to 2 decimal places.)