Net income $ 5,927,000 Bonds: 10%, $ 819,000 par value 807,800 Preferred stock: 103,000 shares outstanding, $100 par, 8% cumulative, not convertible 10,300,000 Common stock: Shares outstanding 1/1 470,000 Issued for cash, 4/1 854,000 Issued 40% stock dividend, 10/1 Compute earnings per share. (Round answer to 2 decimal places, e.g. 2.55.) Earnings per share $