Income Statement Bullseye, Incorporated's 2018 income statement lists th... Income Statement Bullseye, Incorporated's 2018 income statement lists the following income and expenses: EBIT = $704,500, Interest expense = $52,000, and Taxes = $221,500. Bullseye's has no preferred stock outstanding and 260,000 shares of common stock outstanding. What are the 2008 earnings per share? (Round your answer to 2 decimal places.)

Multiple Choice

• $2.51

• $1.86

• $1.66

• $2.71