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( Working with the income statement ) If the Marifield Steel Fabrication Company earned $ 5 0 5 , 0 0 0 in net income

(Working with the income statement) If the Marifield Steel Fabrication Company earned $505,000 in net income and paid a cash dividend of $267,000 to its stockholders, what are the firm's earnings per share if the firm has 100,000 shares of stock outstanding?
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