Wildhorse Inc. presented the following data. Net income Preferred stock: 51,000 shares outstanding, $100 par, 8% cumulative, not convertible Common stock: Shares outstanding 1/1 Issued for cash, 5/1 Acquired treasury stock for cash, 8/1 2-for-1 stock split, 10/1 4 Compute earnings per share. (Round answer to 2 decimal places, e.g. 2.55.) Earnings per share $ $2,549,190 5,100,000 816,000 324,000 162,000

Compute earnings per share. (Round answer to 2 decimal places, eg. 2.55.) Earningspershare $