On January 1, 2024, Algerian Delivery had 100,000 shares of common stock outstanding. The following transactions occurred during 2024: March 1: Reacquired 2,400 shares, accounted for as treasury stock. September 30: Sold all the treasury shares. December 1: Sold 11,400 new shares for cash. December 31: Reported a net income of \\( \\$ 291,750 \\). Required: Calculate Algerian Delivery's basic earnings per share for the year ended December 31, 2024. Note: Round your answer to \\( \\mathbf{2} \\) decimal places