Income Statement and Taxes 0 Saved Problem 2-4 Income Statement (LG2-1) The Fitness Studio, Inc.'s 2018 income statement lists the following income and expenses: EBIT = $780,000, Interest expense $230,000, and taxes = $192,500. The firm has no preferred stock outstanding and 100,000 shares of common stock outstanding. Calculate the 2018 earnings per share. (Round your answer to 2 decimal places.) Earnings per share