1. In 2021, Esme Inc. reported net income of $500,000. In 2021, Esme Inc.s board of directors declared and paid dividends of $150,000 to its preferred stock holders, and dividends of $60,000 to its common stockholders. During 2021, Esther had a weighted average of 300,000 common shares outstanding.

Compute the amount of earnings per share Esme Inc. will show on its 2021 Income Statement.