Sperle Corporation has provided the following data concerning its stockholders' equity accounts: Stockholders' equity: Common stock, $5 par value Additional paid-in capital Retained earnings Total stockholders' equity Year 2 Year 1 $ 400,000 60,000 654,000 $ 400,000 60,000 630,000 $ 1,114,000 $ 1,090,000 Net income for Year 2 was $30,400. Dividends on common stock during Year 2 totaled $6,400. The market price of common stock at the end of Year 2 was $3.08 per share. The company's earnings per share for Year 2 is closest to: