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Marin Inc. presented the following data. Net income $2,410,000 Preferred stock: 52,000 shares outstanding, $100 par, 8% cumulative, not convertible 5,200,000 Common stock: Shares outstanding

Marin Inc. presented the following data.

Net income $2,410,000
Preferred stock: 52,000 shares outstanding, $100 par, 8% cumulative, not convertible 5,200,000
Common stock: Shares outstanding 1/1 729,600
Issued for cash, 5/1 296,400
Acquired treasury stock for cash, 8/1 152,400
2-for-1 stock split, 10/1

Compute earnings per share in $

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