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For 2023, Thibodeau Corp, reported $97,536,000 of net income and had a 20% tax rate. On January 1, 2023, Thibodeau had the following outstanding securities:

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For 2023, Thibodeau Corp, reported $97,536,000 of net income and had a 20% tax rate. On January 1, 2023, Thibodeau had the following outstanding securities: - 29,606,000 shares of $2.00 par common stock. - 80,000 shares of 5%,$100 par preferred stock. - 352,000 stock options. Each option allows the holder to purchase one share of common stock at a fixed price of $38.00 per share. During 2023, the following occurred: - 5/1/23 - Thibodeau repurchased common stock into the treasury. 810,000 shares at $43.50 per share. - 9/1/23 - Holders of 102,000 options exercised those options, and Thibodeau issued 102,000 common shares from the treasury to them. - 12/17/23 - Thibodeau paid its annual dividend. $5.00 per preferred share and $1.43 per common share. The average price per share of common stock during 2023 was $45.00 per share. What is Thobodeau's 2023 basic earnings per share

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