Frantic Fast Foods had earnings after taxes of $$420,000$ in the year $2020$ with $309,000$ shares outstanding. On January $1,2021$ the firm issued $20,000$ new shares. Because of the proceeds from these new shares and other operating improvements, earnings after taxes increased by $30$ percent. Rounded to the nearest cent, what are the earnings per share in ${2020}_{?}?$

$$1\mathrm{.}36$

$$1\mathrm{.}28$

$$1\mathrm{.}66$

Impossible to determine from the information provided