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(Working with the income statement)If the Marifield Steel Fabrication Company earned $459,000 in net income and paid a cash dividend $314,000 of to its stockholders,

(Working with the income statement)If the Marifield Steel Fabrication Company earned $459,000 in net income and paid a cash dividend $314,000 of to its stockholders, what are the firm's earnings per share if the firm has $107,000 shares of stock outstanding?

The company's earnings per share are:

$ (Round to the nearest cent.)

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