Selected financial information for Uncle Frank's is provided in the table below. Selected Financial Information Uncle Frank's Adult Entertainment Inc. For Year 1 Dividend per Share $1.86 Target Payout Ratio 60% Earnings per Share $3.10 Adjustment Factor 0.098 Uncle Frank's Adult Entertainment Inc. sets its dividend using the target payout ratio policy. Uncle Frank is hoping to raise the dividend (next year) by $0.01 per share. What does EPS have to be next year to achieve that dividend increase? Round your answer to the nearest cent. $ 2.02 x Check