Oscorp is an all$-$equity firm with $17,700$ shares of stock outstanding and a total market value of $$354,000.$ Based on its current capital structure, the firm is expected to have earnings before interest and taxes of $$27,000$ if the economy is normal, $$14,800$ if the economy is in a recession, and $$39,200$ if the economy booms. Ignore taxes. Management is considering issuing $$88,600$ of debt with an interest rate of $8$ percent. If the firm issues the debt, the proceeds will be used to repurchase stock. What will the earnings per share be if the debt is issued and the economy booms?