Computing Basic Earnings per Share Compute basic earnings per share considering the following information. Common stock, $10 par, outstanding throughout 2020 9,000 shares Common stock dividends declared and paid, 2020 $27,000 Net income $34,000 Note: Enter the earnings per share amount in dollars and cents, rounded to the nearest penny. Net Income Available to Weighted Avg. Common Common Stockholders Shares Outstanding Basic EPS $ Per Share $