RUT Corporation had net income for 2018 of $36,400. RUT had 2,400 shares of common stock outstanding at the beginning of the year and 20,000 shares of common stock outstanding as of December 31, 2018. During the year, RUT declared and paid preferred dividends of $5,040. Compute RUT's earnings per share. Select the formula, then enter the amounts calculate RUT Corporation's earnings per share as of December 31, 2018. (Abbreviations used: Ave. = average, OS = outstanding, SE = stockholders' equity, shrs = shares. Round earnings per share to the nearest cent.) = Earnings per share Choose from any list or enter any number in the input fields and then click Check