The financial statements of EarthCare Landscaping include the following items:

Balance Sheet	2020	2019
Cash	$83000	$78000
Short-term investments	26000	12000
Net receivables	65000	70000
Inventory	112000	88000
Prepaid expenses	1200	1500
Total current assets	$287200	$249500
Total current liabilities	45000	52000
Income Statement
Net sales	$612000	$505000
Cost of goods sold	$488000	$322000
Net income	$59000	$32000
Cash Flow Statement:
Net cash provided by operations	$78000	$56000

The number of common shares outstanding at the end of 2020 was 40,000 while the number of common shares outstanding at the end of 2019 was 36,000. There were no preferred shares.

Required:

The owners of EarthCare Landscaping would like you to calculate their earnings per common share for 2020. Round your final answer to 2 decimal places.