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The Fitness Studio, Inc.'s 2018 income statement lists the following income and expenses: EBIT = $783,500, interest expense = $300,000, and taxes = $169,225. The

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The Fitness Studio, Inc.'s 2018 income statement lists the following income and expenses: EBIT = $783,500, interest expense = $300,000, and taxes = $169,225. The firm has no preferred stock outstanding and 100,000 shares of common stock outstanding. Calculate the 2018 earnings per share. (Round your answer to 2 decimal places.) Earnings per share

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