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For the year ended December 31, 2016, Spike, Inc., reported earnings per share of $1.56. During 2017, the company had a 4-for-1 stock split. Required:

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For the year ended December 31, 2016, Spike, Inc., reported earnings per share of $1.56. During 2017, the company had a 4-for-1 stock split. Required: Calculate the 2016 earnings per share that will be reported in Spike, Inc.'s 2017 annual report for comparative purposes. (Round your answer to 2 deci Earnings per share

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