Current Attempt in Progress

Sunland Inc. presented the following data.

Net income

$$2,639,920$

Preferred stock: $54,000$ shares outstanding, $$100$ par, $8\%$ cumulative, not convertible

$5,400,000$

Common stock: Shares outstanding $1/1$

$712,800$

Issued for cash, $5/1$

$297,600$

Acquired treasury stock for cash, $\frac{8}{1}$

$148,800$

$2-$for$-1$ stock split, $10/1$

Compute earnings per share. $($Round answer to $2$ decimal places, e$.$g$.2\mathrm{.}55.)$

Earnings per share $

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