I need help with the problem and need a explanation and solution please and thank you.

Chapter 2 Homework Saved Save & Exit Help Submit Check my work 4 Income Statement Barnyard, Inc's 2008 income statement lists the following income and expenses: EBIT = $505,500, Interest expense = $46,000, and Taxes = $157,500. Barnyard's has no preferred stock outstanding and 150,000 shares of common stock outstanding. What are its the 2008 earnings per share? (Round your answer to 2 decimal places.) points eBook Multiple Choice Ask Print $3.06 References $2.32 $2.01 $3.37