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Erren Inc reports 2023 net income of $45 M. Shares outstanding were as follows: Jan 1, 2023 shares outstanding 14 M Oct 1, 2023 shares

Erren Inc reports 2023 net income of $45 M. Shares outstanding were as follows: Jan 1, 2023 shares outstanding 14 M Oct 1, 2023 shares repurchased (4 M) Dec 31, 2023 shares outstanding 10 M What is the 2023 basic EPS that would be reported on the income statement? Round the answer to two decimal places

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