Crystal Arts, Inc., had earnings of $428,900 for 2014. The company had 50,000 shares of common stock outstanding during the year. In addition, the company issued 2,100 shares of $100 par value preferred stockon January 3, 2014. The preferred stock has a dividend of $9 per share. There were no transactions in either common or preferred stock during 2014.Determine the basic earnings per share for Crystal Arts. Round answer to two decimal places.$ per share rfgrtnw.