$42.$ Crow Ltd$.$ reported net income of $$780,000$ in $2023$ and had $300,000$ common shares outstanding throughout the year. Also, outstanding all year were $60,000($written$)$ options to purchase common shares at $$11$ per share. The average market price for the common shares during the year was $$16$ per share. Calculate the diluted earnings per share $($round to $2$ decimal places$).$