Sheridan Corporation had 110,000 common shares outstanding on December 31,2022 . During 2023 , the company issued 13,000 shares on March 1, retired 5,800 shares on July 1, issued a 20% stock dividend on October 1, and issued 19,800 shares on December 1. For 2023 , the company reported net income of $440,000 after a loss from discontinued operations of $49,600 (net of tax). The company issued a 2-for-1 stock split on February 1, 2024, and the company's financial statements for the year ended December 31 , 2023, were issued on February 28, 2024. Calculate earnings per share for 2023 as it should be reported to shareholders. (Round answer to 2 decimal places, e.g. 15.75 .)