Nash Inc. presented the following data. Net income $2, 340,000 Preferred stock: 53,000 shares outstanding, $100 par, 8% cumulative, not convertible 5, 300,000 Common stock: Shares outstanding 1/1 692, 400 Issued for cash, 5/1 321, 600 Acquired treasury stock for cash, 8/1 160, 800 2-for-l stock split, 10/1 Compute earnings per share. (Round answer to 2 decimal places, e.g. $2.55.) Earnings per share $