es Required Information [The following information applies to the questions displayed below] The financial statements for Highland Corporation included the following selected information: Common stock Retained earnings Net income $ 920,000 $ 870,000 $1,110,000 Shares issued Shares outstanding 92,000 76,000 Dividends declared and paid $ 670,000 The common stock was sold at a price of $31 per share. 4. Compute earnings per share. (Round your answer to 2 decimal places.) Earnings per share