Phelps, Inc. had assets of $91,320, liabilities of $19,792, and 13,602 shares of outstanding common stock at December 31, 2015. Net income for 2015 was $10,065. The company had assets of $107,277, liabilities of $23,745, 11,653 shares of outstanding, and its stock was trading at a price of $10 per share at December 31, 2016. Net income for 2016 was $10,840. Required: a. Calculate EPS for 2016. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)