Ratio of exchange and EPS

SoccerCity is attempting to acquire the FederatedFields. Certain financial data on these corporations are summarized in the following table.

Item	SoccerCity	FederatedFields
Earnings available for common stock	$50,000		$5,000
Number of shares of common stock outstanding	30,000		3,000
Market price per share	$16		$27

SoccerCity

has sufficient authorized but unissued shares to carry out the proposed merger. If the ratio of exchange is 1.8, what will be the earnings per share (EPS) based on the original shares of each firm?

a. The EPS for SoccerCity's original shareholders after the merger is $?. (Round to three decimal places.)

b. ?