Question 4 (1 point) The shareholders of a target firm have voted in favor of a buyout offer from an acquiring firm. Information about each firm is given in the following table. Item Target Firm Acquiring Firm Price-carnings ratio 11 18 Shares outstanding 120,000 200,000 'Earnings $280,000 $730,000 The shareholders of the target firm will receive I share of stock in the merged firm for every 5 shares they hold in the target firm. There is no synergy for this merget. What will the EPS of merged firm be after the merger? Enter your answer in the box shown below as dollars with 2 digits to the right of the decimal point