Classic Vinyl Limited is a record wholesaler selling new and used vinyl records to record stores and antique shops throughout Canada. The companys comparative financial statements for the fiscal year ending December $31$ appear below. The company did not issue any new common or preferred shares during the year. A total of $760,000$ common shares were outstanding. The interest rate on the bond payable was $5\%,$ the income tax rate was $30\%,$ and the dividend per common share was $$2\mathrm{.}05.$ The market value of the companys common shares at the end of the year was $$154.$ All of the companys sales are on account: Calculate THE EARNINGS PER SHARE