Ethan Corporation had $100,000$ common shares outstanding on December $31,2022.$ During $2023,$ the company issued $12,000$ shares on March $1,$ retired $5,000$ shares on July $1,$ issued a $20\%$ stock dividend on October $1,$ and issued $18,000$ shares on December $1.$ For $2023,$ the company reported net income of $$400,000$ after a loss from discontinued operations of $$50,000($net of tax$).$ The company issued a $2-$for$-1$ stock split on February $1,2024,$ and the company$$s financial statements for the year ended December $31,2023,$ were issued on February $28,2024.$ Calculate earnings per share for $2023$ as it should be reported to shareholders. Round to the nearest cent.