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Calculate Earnings per Share (EPS): Requirements: With the given financial data: Net Income: $220,000 Weighted Average Number of Outstanding Shares: 130,000 Compute the earnings per

Calculate Earnings per Share (EPS): Requirements:

With the given financial data:
- Net Income: $220,000
- Weighted Average Number of Outstanding Shares: 130,000
Compute the earnings per share (EPS).
Provide the calculated EPS.

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