Grace Corp. suffered a net loss in 2020 of \(\$ 100,000\). The company has 100,000 common shares outstanding as of January 1, 2020, and declared a 1-for-2 reverse stock split on March 31. In addition, the company bought 5,000 shares for the treasury on August 31, 2020, and 2,000 shares of stock were issued on November 1, 2020, in exchange for legal services. The company had 1,000 shares of \(5 \%, \$ 10\) par, cumulative, nonconvertible preferred stock for the year 2020. No common or preferred stock dividends were declared in 2020. Weighted-average shares outstanding in 2020 were 110,000 shares for common stock and 10,000 shares for preferred stock.

Required 

Compute the required EPS amount.