The Apex Company provided the following information from its financial records:

Net income	$270,000	Common shares outstanding 1/1	395,000
Common stock dividends	$ 24,000	Common shares outstanding 12/31	455,000
Preferred stock dividends	$ 27,000	Preferred shares outstanding 1/1	24,000
Sales	$940,000	Preferred shares outstanding 12/31	20,000

What is the amount of the company's earnings per share? (Round your final answer to 2 decimal places.)

$0.71

$0.64

$28.72

$0.57