Earnings Per Share $($EPS$)$

On January $1,2014,$ Plent Plenty had $300,000$ shares of common stock outstanding. It issued $40,000$ shares on May $1.$ On July $1,$ of the $30\%$ of its $200,000$ preferred stock converted to common stock. Plent Plenty paid preferred dividends of $\mathrm{.}20$ per share. If there were no bonds outstanding and net income was $$1,000,000$ what is the BEPS $($Basic Earnings Per Share$)?$