Current Attempt in Progress Wildhorse Inc. had net income for the current year of $1,018,000. During the entire year, there were 480,000 common shares outstanding. The company also had cumulative preferred shares, which are entitled to annual dividends of $10,000. No dividends were declared or paid last year or this year. Calculate Wildhorse's earnings per share (EPS). (Round answer to 2 decimal places, e.g. 2.75.) Earnings per share /share