New England Fisheries $($NEF$)$ has $18,000$ shares outstanding at a market price per share of $$14.$ Maryland Fish Markets $($MFM$)$ has $7,000$ shares outstanding at a market price of $$21$ per share. Neither firm has any debt. MFM is acquiring NEF for $$275,000$ in cash. What is the merger premium per share?

Multiple Choice

$$2\mathrm{.}07$

$$1\mathrm{.}28$

$$1\mathrm{.}04$

$$\mathrm{.}81$

$$1\mathrm{.}43$