! Required information [The following information applies to the questions displayed below.] The financial statements for Highland Corporation included the following selected information: $ 950,000 $ 730,000 $ 1,000,000 Common stock Retained earnings Net income Shares issued Shares outstanding Dividends declared and paid 95,000 64,000 $ 770,000 The common stock was sold at a price of $24 per share. 4. Compute earnings per share. Assume the weighted average shares outstanding is equal to the shares outstanding. Note: Round your answer to 2 decimal places. Earnings per share 6