Dickinson Company has $11,820,000 million in assets. Currently half of these assets are financed with long-term debt at 9.1 percent and half with common stock having a par value of $8. Ms. Smith, Vice President of Finance, wishes to analyze two refinancing plans, one with more debt (D) and one with more equity (E). The company earns a return on assets before interest and taxes of 9.1 percent. The tax rate is 40 percent. Tax loss carryover provisions apply, so negative tax amounts are permissable. Under Plan D, a $2,955,000 million long-term bond would be sold at an interest rate of 11.1 percent and 369,375 shares of stock would be purchased in the market at $8 per share and retired. Under Plan E, 369,375 shares of stock would be sold at $8 per share and the $2,955,000 in proceeds would be used to reduce long-term debt. If the market price for common stock rose to $12 before the restructuring, compute the earnings per share. Continue to assume that $2,955,000 million in debt will be used to retire stock in Plan D and $2,955,000 million of new equity will be sold to retire debt in Plan E. Also assume that return on assets is 9.1 percent. (Round your answers to 2 decimal places.)