Concord presented the following data. Net income $ 5,505,000 Bonds: 10%, $ 798,000 par value 786,500 Preferred stock: 91,000 shares outstanding, $100 par, 7% cumulative, not convertible 9,100,000 Common stock: Shares outstanding 1/1 463,000 Issued for cash, 4/1 778,000 Issued 40% stock dividend, 10/1 Compute earnings per share. (Round answer to 2 decimal places, e.g. 2.55.) Compute Earnings per share $ enter earnings per share in dollars rounded to 2 decimal places