Given:

Common stock account for Aco on January 1, 2018 was $45,000. On July 1, 2018 Aco issues an additional 10,000 shares of common stock. Common Stock is $5 par. There was neither Preferred Stock not any Treasury Stock. Paid in Capital Excess to par Common Stock was $20,000 on January 1 and $40,000 on July 2 and net income was $130,000.

Determine:

December 31, 2018 amount of Earnings per Share