On January 1, 20x1, Wilk Corp. had 480,000 shares of common stock outstanding. During 20x1, it had the following transactions that affected the common stock account. 2/1 Issued 120,000 shares 3/1 Declared and distributed a 10% stock dividend 5/1 Acquired 100,000 shares of treasury stock 6/1 Issued a 3-for-1 stock split 10/1 Reissued 60,000 shares of treasury stock Wilke Corp. earned net income of $3,456,000 during 20x1. In addition, it had 100,000 of shares of 9%, $100 par nonconvertible, cumulative preferred stock outstanding for the entire year. Because of liquidity considerations, the company did not declare and pay a preferred dividend in 20x1. Compute EPS for 20x1