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Income Statement Barnyard, Inc.'s 2008 Income statement lists the following income and expenses: EBIT = $504,500, Interest expense = $47,000, and Taxes = $156,500. Barnyard's has no preferred stock outstanding and 160,000 shares of common stock outstanding. What are its the 2008 earnings per share? (Round your answer to 2 decimal places.) Multiple Choice $2.86 $2.18 $1.88 $3.15