On December $31,2023,$ The Stanford Company had the following items in its capital structure:

Preferred stock, $10\%,$$$8$ par value, convertible into $46,200$ common shares no earlier than $2026,$ issued at par value on July $1,2023$ $$1,660,000($current market value, $$8$ per share$)$

Common stock, $$20$ stated value, issued January $2,20201,200,000($current market value, $$17$ per share$)$

Treasury stock, common, $10,000$ shares,

$280,000$

acquired on November $30,2022$

Common stock options, issued in $2020,$ exercisable for $22,000$ shares, beginning in $2027,$ at a "strike" price of $$15$ per share. The cash that would be received from the option$-$holders from a hypothetical exercise of the options on December $31,2023$ would be sufficient for Stanford to acquire $6,620$ shares of its own common stock $($as treasury stock$).$

Additional paid$-$in$-$capital

$760,000$

Retained earnings

$460,000$

Stanford's net income for $2023$ was $$553,000.$ As of December $31,2023,$ the company's Board of Directors had not yet declared the dividend for $2023$ for the preferred shareholders.

Prepare a schedule to support the earnings per share that The Stanford Company would report for the year ended December $31,2023.$