he net income of Hart Corp. amounted to

$2,750,000

for the year ended December 31,

2020.

Hart Corp. had

230,000

$7.00

cumulative preferred shares throughout the year, and

310,000

common shares at the end of the year. At January 1,

2020,

Hart Corp. had

260,000

common shares outstanding and issued

50,000

common shares on April 1. Calculate Hart Corp.'s EPS.