Earnings per share isn't 5.01

Catena's Marketing Company has the following adjusted trial balance at the end of the current year Cash dividends of $590 were declared at the end of the year, and 560 additional shares of common stock (50.10 par value per share) were issued at the end of the year for $2.240 in cash (for a total at the end of the year of 840 shares) These effects are included below. Catena's Marketing Company Adjusted Trial Balance End of the current Year Credit Debit 5 1,610 2,300 130 1,690 2,990 15,200 Cash Accounts receivable Interest receivable Prepaid insurance Long-term notes receivable Equipment Accumulated depreciation Accounts payable Dividends payable Accrued expenses payable Income taxes payable Ungarned rent revenue Common Stock (840 shares) Additional pald.in capital Retained earnings Sales revenue Interest revenue Rent revenue as expense Depreciation experte $ 2,580 2,300 590 3.750 2.5.20 300 84 3,16 3.000 37.350 119 070 13.000 1,750 Catena's Marketing Company Adjusted Trial Balance End of the Current Year Debit Credit Cash $ 1,610 Accounts receivable 2,300 Interest receivable 130 Prepaid insurance 1,690 Long-term notes receivable 2,990 Equipment 15, 200 Accumulated depreciation $ 2,880 Accounts payable 2,300 Dividends payable 590 Accrued expenses payable 3,750 Income taxes payable 2,520 Unearned rent revenue 300 Common Stock (840 shares) 84 Additional paid-in capital 3,486 Retained earnings 3,800 Sales revenue 37, 350 Interest revenue 190 Rent revenue 670 Wages expense 18, 600 Depreciation expense 1,730 Utilities expense 330 Insurance expense 760 Rent expense 9,800 Income tax expense 2, 780 Total $ 57,920 $ 571 920 Prepare a multistep income statement for the current year. (Round your earnings per share to 2 decimal places. ) CATENA'S MARKETING COMPANY Income Statement 37,350 37,350 Operating revenues Sales revenue Total operating revenues Operating expenses Wages expense Depreciation expense Utilities expense Insurance expense Rent expense 18,600 1,730 330 760 9,800 31,220 6,130 Total operating expenses Operating income Other items Interest revenue Rent revenue 190 6701 37 554 37,350 18,600 Sales revenue Total operating revenues Operating expenses: Wages expense Depreciation expense Utilities expense Insurance expense Rent expense 1.730 330 760 9.800 31 220 Total operating expenses Operating income Other items. 6.130 Interest revenue 190 Rent revenue 670 6.990 Net income $ 4.2.10 Earnings per share