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Income Statement Bullseye, Inc.'s 2008 income statement lists the following income and expenses: EBIT = $705,000, Interest expense = $57,500, and Taxes = $222,000. Bullseye's

Income Statement Bullseye, Inc.'s 2008 income statement lists the following income and expenses: EBIT = $705,000, Interest expense = $57,500, and Taxes = $222,000. Bullseye's has no preferred stock outstanding and 350,000 shares of common stock outstanding. What are the 2008 earnings per share?

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