Required information The Foundational 15 (Algo) [LO14-2, LO14-3, LO14-4, LO14-5, LO14-6] [The following information applies to the questions displayed below.] Markus Company's common stock sold for $4.25 per share at the end of this year. The company paid a common stock dividend of $0.68 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 Ending Balance $ 43,000 Beginning Balance $ 38,000 $ 80,000 $ 60,000 $ 66,400 $ 80,000 $ 189,400 $ 178,000 $ 663,000 $ 710,200 $ 178,000 $ 146,000 $ 485,000 $ 75,000 $ 69,000 $ 160,200 $ 146,000 $550,000 $ 663,000 $ 710,200 This Year Total stockholders' equity Total liabilities and stockholders' equity Sales (all on account) Cost of goods sold Gross margin Net operating income Interest expense Net income $930,000 $539,400 $ 390,600 $240,625 $ 12,500 $ 159,688 Foundational 14-1 (Algo) Required: 1. What is the earnings per share? (Round your answer to 2 decimal places.) Earnings per share