Sweet Inc. presented the following data.

Net income$2,490,000Preferred stock: 52,000 shares outstanding, $100 par, 8% cumulative, not convertible5,200,000Common stock: Shares outstanding 1/1703,200 Issued for cash, 5/1320,400 Acquired treasury stock for cash, 8/1139,200 2-for-1 stock split, 10/1

Compute earnings per share. (Round answer to 2 decimal places, e.g. $2.55.)

Earnings per share

$enter earnings per share rounded to 2 decimal places