Question: Green Thumb Nursery has 5 6 , 0 0 0 shares outstanding at a market price of $ 6 3 . 6 3 per share.

Green Thumb Nursery has 56,000 shares outstanding at a market price of $63.63 per share. The earnings per share are $3.63. The firm has total assets of $368,000 and total liabilities of $210,000. Today, the firm announced a share repurchase for $123,000 of its stock. What is the earnings per share after the repurchase?

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