Financial information for Semester Company for three recent years is as follows:
| Fiscal Years Ended | ||||||
| 2011 | 2010 | 2009 | ||||
| Net income | $26,042 | $22,162 | $17,133 | |||
| Preferred dividends | $709 | $562 | $402 | |||
| Average number of common shares outstanding | 4,900 | 4,800 | 3,900 | |||
a. Determine the earnings per share for fiscal years 2011, 2010, and 2009. Round to the nearest cent.
| 2011: | $ per share |
| 2010: | $ per share |
| 2009: | $ per share |