3) Use the information in the table below to determine earnings per share (EPS) for this business. Enter your answer in the space provided.

Do not enter dollar signs or commas. The number you enter should include two decimals and should be rounded appropriately to the nearest cent, or second decimal.

Revenues: $2763727

Taxes: $110295

Common shares outstanding: 300000

Costs of goods sold: $1701731

Accounts payable: $245000

Interest expense: $54000

Selling and administrative expense: $225007

Research and development expense: $100386

Depreciation expense: $162498

Net plant and equipment: $1500000