Consider a firm with 267,500 shares outstanding, which are currently trading for $85.43. The firms expected earnings going forward are $2,675,250, so the current EPS is $10.00. The firm has accumulated $550,000 in excess cash that it wishes to payout to shareholders. Assume that the firm considers using the funds to repurchase shares (at the current market price). What would be the EPS after the repurchase? (The answer is in dollars, round your answer to two decimal places, e.g. 12.75)