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Headland Corporation had 2020 net income of $1,216,000. During 2020, Headland paid a dividend of $2 per share on 147,650 shares of preferred stock. During

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Headland Corporation had 2020 net income of $1,216,000. During 2020, Headland paid a dividend of $2 per share on 147,650 shares of preferred stock. During 2020, Headland had outstanding 297,000 shares of common stock Compute Headland's 2020 earnings per share. (Round answer to 2 decimal places, e.g. 3.56.) Earnings per share $ $ per share

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