Question: Below is select information from VC United income statement. At the end of Year 1, the weighted average number of common shares outstanding was 135,500.

Below is select information from VC United income statement. At the

end of Year 1, the weighted average number of common shares outstanding

Below is select information from VC United income statement. At the end of Year 1, the weighted average number of common shares outstanding was 135,500. Income Statement, End of Year 1 Sales Cost of goods sold Operating expenses Tax expense $977,000 807,000 87,000 18,500 Required: Calculate EPS for VC United. (Round your answer to 2 decimal places.) arnings per share

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