Ornaments, Incorporated, is an all$-$equity firm with a total market value of $$531,000$ and $19,600$ shares of stock outstanding. Management believes the earnings before interest and taxes $($EBIT$)$ will be $$74,700$ if the economy is normal. If there is a recession, EBIT will be $15$ percent lower, and if there is a boom, EBIT will be $25$ percent higher. The tax rate is $21$ percent. What is the EPS in a recession?