Required information The Foundational 15 (Algo) (L014-2, LO14-3, LO14.4, LO14-5, LO14-6) [The following information applies to the questions displayed below.) Markus Company's common stock sold for $4.75 per share at the end of this year. The company paid a common stock dividend of $0.57 per share this year. It also provided the following data excerpts from this year's financial statements: Cash Accounts receivable Inventory Current assets Total assets Current liabilities Total liabilities Common stock, $1 par value Total stockholders' equity Total liabilities and stockholders' equity Ending Balance $ 44,000 $ 92,000 $ 73,300 $ 209,300 $ 750,000 $ 84,000 $ 210,000 $ 158,000 $ 540,000 $ 750,000 Beginning Balance $ 43,200 $ 66,200 $ 92,000 $ 201,400 $ 809,000 $ 87,000 $ 189,000 $ 158,000 $ 620,000 $ 809,000 Sales (all on account) Cost of goods sold Gross margin Net operating income Interest expense Net income This Year $ 1,080,000 $ 626,400 $ 453,600 $ 276,500 $ 14,000 $ 183,750 Foundational 14-1 (Algo) Required: 1. What is the earnings per share? (Round your answer to 2 decimal places.) Earnings per share