Rawdon Corporations net operating income in Year 2 was $52,429, net income before taxes was $34,429, and the net income was $24,100. Total common stock was $360,000 at the end of both Year 2 and Year 1. The par value of common stock is $4 per share. The companys total stockholders equity at the end of Year 2 amounted to $976,000 and at the end of Year 1 to $960,000. The companys earnings per share for Year 2 is closest to:

Multiple Choice

$0.58 per share

$0.38 per share

$0.27 per share

$5.84 per share