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Crane Corporation had 2023 net income of $1,221,000. During 2023, Crane has not declared or...

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Accounting

Crane Corporation had 2023 net income of $1,221,000. During 2023, Crane has not declared or paid any dividend on 96,000 non-cumulative preferred shares. Crane also had 220,000 common shares outstanding during the year.
Calculate Cranes 2023 earnings per share. (Round answer to 2 decimal places, e.g.15.25.)
Earnings per share $enter the earnings per share in dollars rounded to 2 decimal places

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