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Templet Corp. earned net income of $ 1 3 5 , 1 2 0 and paid the minimum dividend to preferred stockholders for 2 0

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Templet Corp. earned net income of $135,120 and paid the minimum dividend to preferred stockholders for 2024. Assume that there are no changes in common shares outstanding during 2024. Templet's books include the following figures:
(Click the icon to view the figures.)
Read the requirements.
Requirement 1. Compute Templet's EPS for the year.
Select the formula, then enter the amounts to calculate the company's earnings per share for 2024.(Abbreviations used: Ave. = average, OS = outstanding, SE= stockholders' equity, shrs = shares. Enter the earnings per share to the nearest cent.)
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