On January 1, Y1, the stockholders' equity section of Pearson Technology included the following balances: Common stock ($20 par value; 100,000 shares authorized; 3,000 shares issued) Additional Paid-In Capital Retained Earnings Total stockholders' equity $ 60,000 140,000 200,000 $400,000 During the year, Pearson entered into the following transactions: March 1 issued 420 shares for $30 per share April 1 - declared a 2:1 stock split for shareholders who owned shares at the close of May 1 July 1 issued 1,200 shares for $16 per share October 1 repurchased 600 shares for $18 per share November 1 - declared a cash dividend of $2 per share for shareholders who own shares at the close on December 1 December 31 reported $130,130 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). Numeric Response