Henriksen Co$.,$ which produces and sells biking equipment, is financed as follows:

Bonds payable, $10\%($issued at face amount$)$ $$2,350,000$

Preferred $$1$ stock, $$10$ par $2,350,000$

Common stock, $$25$ par $2,350,000$

Income tax is estimated at $40\%$ of income.

Determine the earnings per share of common stock, assuming that the income before bond interest and income tax is $($a$)$ $$822,500,($b$)$ $$1,057,500,$ and $($c$)$ $$1,292,500.$