Mechforce, Incorporated had net income of $144,400 for the year ended December 31, 2022. At the beginning of the year, 15,000 Shares of cominonstock were outstanding On Aprit 1, an additionat 22,000 shares were lissued. On October 1, the compary purchased 5,000 shares of its own common stock and heid them as treasury stock until the end of the year No other changes in common shares outstanding occurred during the year. During the year. Mechforce paid the annual dividend on the 8,000 shares of 435%,5100 par value preferred stock that were outstanding the entire year Required: Calculate basic earnings per share of common stock for the year ended December 31,2022 Note: Do not round intermediate calculations. Round your answer to 2 decimal places