Eastern Manufacturing Inc., operates two factories in Thailand that produce goods shipped to Asia, Australia, Europe, and the United States. The firm has 5,500,000 shares of common stock and 150,000 shares of preferred stock outstanding with a $100 par value at 3%. Last year, the company had a net income of $1,084,000 with $450,000 paid to preferred shareholders and the remainder paid to common stock shareholders. Find the earnings per share of common stock. C... The earnings per share of common stock is $(Round to the nearest cent as needed.)