Kinston Inc. is an all-equity company, and it has a market value equal to its book value. Currently, the firm has excess cash of $800 and other assets of $4,200. Equity is worth $5,000 and the firm has 200 shares of stock outstanding. Given a net income of $350, what will the new EPS be if the firm uses all its excess cash to complete a stock repurchase at the market price?