At December $31,2023$ and $2024,$ Funk & Noble Corporation had outstanding $820$ million shares of common stock and $2$ million shares of $8\%,$ $$100$ par value cumulative preferred stock. No dividends were declared on either the preferred or common stock in $2023$ or $2024.$ Net income for $2024$ was $$426$ million. The income tax rate is $25\%.$

Calculate earnings per share for the year ended December $31,2024.$