Jackson & Lucy Corporation's capital structure at December $31,2021,$ was as follows:

$\backslash$table$[[,$Shares Issued and Outstanding$],[$Common stock,$480,000],[$Preferred stock,$100,000]]$

On Sept. $1,2022,$ Jackson & Jackson issued a $10\%$ stock dividend on its common stock. Net income for the year ended December $31,2022,$ was $$3,120,000.$ The company paid a cash dividend of $$2\mathrm{.}00$ per share on its preferred stock during the year. What is Jackson & Lucy $2022$ basic earnings per common share, to the nearest penny?

a$.$ $$5\mathrm{.}53$

b$.$ $$5\mathrm{.}89$

c$.$ $$5\mathrm{.}91$

d$.$ $$6\mathrm{.}08$

e$.$ None of the above.