Whispering Inc. presented the following data.

Net income $2,610,000

Preferred stock: 48,000 shares outstanding, $100 par, 8% cumulative, not convertible 4,800,000

Common stock: Shares outstanding 1/1 769,200

Issued for cash, 5/1 291,600

Acquired treasury stock for cash, 8/1 156,000

2-for-1 stock split, 10/1

Compute earnings per share.