Blue Wave Inc. is a satellite imaging company and had $82880$ shares of common stock outstanding. At the end of $20$X$1,$ its simplified balance sheet is as follows:

Current assets

$$615300$

Accounts payable

$$584400$

Plant, property and equipment

$2551600$

Common Stock $(82880$ shares issued and outstanding$)$

$2072000$

Other non$-$current assets

$527700$

Retained Earnings

$1038200$

Total assets

$$3694600$

Total liab. and shareholders' equity

$$3694600$

Blue Wave needs $$1018400$ to purchase a software service at the beginning of $20$X$2$ to enhance its imaging ability. This expense is a one$-$time expense. The new software is expected to increase its annual operating income $($before interest expense and income tax$)$ from $$103400$ to $$430300.$ Blue Wave$$s income tax rate is $25\%.$

Blue Wave has two options to get funding: one is to borrow the $$1018400$ from Gringotts Bank at an annual interest rate of $8\%,$ interests payable monthly and principal repayable in $4$ years. The other is to issue more common stock at $$25$ per share. Blue Wave currently pays dividends at $6\mathrm{.}0\%$ of common stock value.

If Blue Wave decides to issue $40736$ shares of common stocks at $$25$ per share to pay for the software service, what is its earnings per share at the end of $20$X$2?$

$[$Please round your answer to $2$ decimal points.$]$