13. On 01-01-14, H had 900,000 shares of common stock outstanding. The following common stock-related transactions occurred during 2014:

• On March 1, H issued 36,000 shares of its common stock.
• On June 30, H declared and distributed a 5% stock dividend.
• On October 31, H reacquired 18,000 shares of its common stock.

Hs net income for 2014 was $1,975,000. Hs income tax rate is 20%. What will H report as basic EPS for the year ended 12-31-14? ROUND TO NEAREST PENNY.