The following information have been taken from the Muscat Company: Sales $2,930 land 139 Cash 350 Accounts Receivable 500 Cost of goods sold 2.050 Preferred stock dividends 12 Tax rate 30% Interest...

Extracted text: The following information have been taken from the Muscat Company: Sales $2,930 land 139 Cash 350 Accounts Receivable 500 Cost of goods sold 2.050 Preferred stock dividends 12 Tax rate 30% Interest expense 40 Bond payable 240 Number of shares of common issues 18 300 administrative expenses 50 Selling expenses What is the earnings per share? Answer: