[The following information applies to the questions displayed below.] The financial statements for Highland Corporation included the following selected information: $1,040,000 $ 870,000 $1,050,000o 104,000 61,000 $ 790,000 Common stock Retained earnings Net income Shares issued Shares outstanding Dividends declared and paid The common stock was sold at a price of $28 per share 4. Compute earnings per share. (Round your answer to 2 decimal places.) Earnings per share