Grumpy Corporation originally reported net income of $$2,000,000$ in $2015.$ This included an after$-$tax loss on a business unit that was discontinued of $$400,000.$ The company declared $$50,000$ in preferred dividends and $$100,000$ in common dividends. The weighted average shares of common stock was $600,000$ for the year. Determine the earnings per share that should be reported for continuing operations.