Given below are comparative statements of financial position (balance sheets) and an income statement for Claret Corporation.

Claret Corporation
Balance Sheets
Year 2
	December 31	January 1
Cash	$ 15,600	$ 15,600
Accounts receivable	46,800	37,700
Inventory	32,500	36,400
Equipment (net)	57,200	66,300
Total	$ 152,100	$ 156,000
Accounts payable	26,000	28,600
Dividends payable	7,800	3,900
Long-term note payable	14,300	14,300
Capital stock, $5 par	72,800	72,800
Retained earnings	31,200	36,400
Total	$ 152,100	$ 156,000

Claret Corporation
Income Statement
For the year ended Year 2
Sales	$ 228,800
Cost of goods sold	137,540
Gross profit on sales	$ 91,260
Operating expenses	75,868
Operating income	$ 15,392
Interest expense and income taxes	9,100
Net income	$ 6,292

All sales were made on account. Cash dividends declared during the year totaled $11,492.

Claret Corporation's earnings per share for Year 2, rounded to the nearest cent, is:

Question 19 options:

	$0.15.
	$0.57.
	$0.11.
	$0.43.