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Neon Blue Co. provided the following summarized balance sheet as of the end of the current year. $6,500,000 Common Stock, $10 Paid-In Capital in Excess

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Neon Blue Co. provided the following summarized balance sheet as of the end of the current year. $6,500,000 Common Stock, $10 Paid-In Capital in Excess of Par-Common Stock 950,000 Retained Earnings 850,000 The earnings for the current year were $325,000. Compute the earnings per share of common stock. Round your answer to two decimal places. per share

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