On January 1, Y1, the stockholders' equity section of Baffi Energy Corporation included the following balances: $240,000 Common stock ($20 par value; 100,000 shares authorized; 12,000 shares issued) Additional Paid-In Capital Retained Earnings Total stockholders' equity 580,000 80,000 $900,000 During the year, Baffi entered into the following transactions: May 1 - issued 8,100 shares for $30 per share July 1 - issued 3900 shares for $16 per share September 1 - repurchased 5,880 shares for $18 per share December 1 - declared a cash dividend of $0.60 per share for shareholders who own shares at the close on December 15 December 31 - reported $285,292 of net income for the year ended December 31. What is the company's earnings per share for the year ended December 31, Y1? (Round your answer to two decimal places). Fill in the blank