In 2020, Hollis Corporation reported net income of $1,000,000,It declared and paid preferred stock dividends of $250,000. During 2020, Hollis had a weighted average of 190,000 common shares outstanding. Compute Hollis's 2020 earnings per share (Round earnings per share to 2 decimal places, e.g. 1.48.) $ Hollis's 2020 earnings per share