Fiew History Bookmarks People Tab Window Help GRWG - $29.20 x Mail - Ryan Redix Launch Meeting x (171) Meek Mill - X Gufc 255 early prix now.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Locator=&inprogress=false A company reports the following: Net income $956,970 Preferred dividends $70,890 Shares of common stock outstanding 48,000 Market price per share of common stock $53.53 Determine the company's earnings per share on common stock. Round your answer to the nearest cent.