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QUESTION 35 At December 31, 2021 Pine Company had 200.000 shares of common stock and 10,000 shares of 5%, $100 par value non-cumulative preferred stock

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QUESTION 35 At December 31, 2021 Pine Company had 200.000 shares of common stock and 10,000 shares of 5%, $100 par value non-cumulative preferred stock outstanding. No dividends were declared on either the preferred or common stock in 2021 or 2022 On February 10, 2023. prior to the issuance of its financial statements for the year ended December 31, 2022, Pine declared a 100% stock split on its common stock. Net Income for 2022 was $900,000. In its 2022 financial statements, Question: Pine's 2022 earnings per common share should be (two decimals)

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