Cohen Inc. has earnings before taxes of $$467,500.$ The company has a tax rate of $30\%.$ On January $1,$ the company had outstanding $42,000$ shares; on June $1$ the company repurchased $($through stock buy$-$back provisions$)12,000$ shares; and on October $1,$ an additional $14,000$ shares of common stock were issued. What is the earnings per share for the year $($to the nearest cent$)?$

$$4\mathrm{.}74$

$$8\mathrm{.}50$

$$5\mathrm{.}80$

$$12\mathrm{.}14$