The Abel Company provided the following information from its financial records: Net income $250,000 Common shares outstanding 1/1 335,000 Common stock dividends $20,000 Common shares outstanding 12/31 400,000 Preferred stock dividends $25,000 Preferred shares outstanding 1/1 20,000 Sales$900,000 Preferred shares outstanding 12/31 16,000 What is the amount of the company's earnings per share?

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