Problem 3-34 Earnings per Share (LO1)

The table below contains data on Fincorp Incorporated. The balance sheet items correspond to values at year-end 2021 and 2022, while the income statement items correspond to revenues or expenses during the year ended 2021 and 2022. All values are in thousands of dollars.

	2021	2022
Revenue	$ 4,500	$ 4,600
Cost of goods sold	1,900	2,000
Depreciation	600	620
Inventories	290	350
Administrative expenses	540	590
Interest expense	130	130
Federal and state taxes*	420	440
Accounts payable	280	320
Accounts receivable	440	510
Net fixed assets	5,300	6,190
Long-term debt	1,800	2,130
Notes payable	858	660
Dividends paid	440	440
Cash and marketable securities	850	500

* Taxes are paid in their entirety in the year that the tax obligation is incurred. Net fixed assets are fixed assets net of accumulated depreciation since the asset was installed. Suppose that Fincorp has 562,000 shares outstanding. What were earnings per share in 2022? (Round your answers to 2 decimal places.)