Determine Pitchfork's EPS for Net Income based on the following: (round to the nearest whole cent.)

• Dividends of $90,000 were declared on December 10, 2020; to be paid on January 10, 2021.Of these dividends, $40,000 were for preferred shareholders.The average common shares outstanding during 2020 were 100,000.
• Do not use $ signs in recording your answer.For example, if you determine EPS for NI to be $10.457, record your answer as 10.46.