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no idea with this Sunland Corporation had 2020 net income of $1.2 million. During 2020, Sunland paid a dividend of $6 per share on 86,000

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Sunland Corporation had 2020 net income of $1.2 million. During 2020, Sunland paid a dividend of $6 per share on 86,000 preferred shares. Sunland also had 150,000 common shares outstanding during the year. Calculate Sunland's 2020 earnings per share. (Round answer to 2 decimal places, e.g. 15.25.)

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