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NEZ Corporation had net income for 2018 of $42,000. NEZ had 16,000 shares of common stock outstanding at the beginning of the year and 14,000 shares of common stock outstanding as of December 31, 2018. During the year, NEZ declared and paid preferred dividends of $4,500. Compute NEZ's earnings per share. Select the formula, then enter the amounts to calculate NEZ Corporation's earnings per share as of December 31, 2018. (Abbreviations used: Ave. = average, OS = outstanding, SE = stockholders' equity, shrs = shares. Round earnings per share to the nearest cent.) E = Earnings per share 11