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Kinley Inc. provides the following information for the year 2016: Net Income $225,000 Market Price per Share of Common Stock $50 per share Dividends Paid

Kinley Inc. provides the following information for the year 2016: Net Income $225,000 Market Price per Share of Common Stock $50 per share Dividends Paid $50,000 Common Stock Outstanding on Jan. 1, 2016 120,000 shares Common Stock Outstanding on Dec. 31, 2016 210,000 shares The company has NO preferred stock outstanding. 


Calculate the Earnings Per Share for the year 2016.  

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