$($Working with the income statement$)$ If the Marifield Steel Fabrication Company earned $$490,000$ in net income and paid a cash dividend of $$315,000$ to

its stockholders, what are the firm's earnings per share if the firm has $98,000$ shares of stock outstanding?

The company's earnings per share are $ $.($Round to the nearest cent.$)$ G$.$ R$.$ Edwin Inc. had sales of $ $5\mathrm{.}95$ million during the past year. The cost