Carla Vista Corporation had net income of $$42,000$ for the year ended December $31,2023,$ and weighted average number of common shares outstanding of $10,000.$ The following information is provided regarding the capital structure:

$8\%$ convertible debt, $210$ bonds each convertible into $43$ common shares. The bonds were outstanding for the entire year. The income tax rate is $35\%.$ The bonds were issued at par $($ $$1,150$ per bond$).$ No bonds were converted during the year.

$3\%$ convertible, cumulative $$100$ preferred shares, $1,000$ shares issued and outstanding. Each preferred share is convertible into $2$ common shares. The preferred shares were issued at par and were outstanding the entire year. No shares were converted during the year.

$($a$1)$

$($a$2)$

Calculate the basic earnings per share for $2023.($Round answer to $2$ decimal places, e$.$g$.15\mathrm{.}25.)$

Basic earnings per share

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