Markus Company's common stock sold for $6.50 per share at the end of this year. The company paid a common stock dividend of $0.91 per share this year. It also provided the following data excerpts from this year's financial statements: Ending Balance $ 57,500 Beginning Balance $ 50,000 $ 75,000 Cash Accounts receivable Inventory Current assets Total assets Current liabilities Total liabilities. Common stock, $1 par value Total stockholders' equity Total liabilities and stockholders' equity Sales (all on account) Cost of goods sold Gross margin Net operating income Interest expense Net income This Year $ 1,275,000 $ 739,500 $ 535,500 $ 419,250 $ 19,500 $279,825 $ 108,000 $ 83,500 $ 249,000 $ 975,000 $ 97,500 $ 240,000 $ 185,000 $ 735,000 $ 975,000 $ 108,000 $ 233,000 $ 1,086,000 $ 109,500 $ 216,000 $ 185,000 $870,000 $ 1,086,000 Foundational 14-1 (Algo) Required: 1. What is the earnings per share? (Round your answer to 2 decimal places.) Earnings per share