$$Parsley Corporation had $180,000$ shares of common stock and $4,300$

shares of $9\%,$ $$100$ par, preferred stock outstanding on December $31,$

$2015.$ The preferred stock is cumulative, nonconvertible preferred

stock. On June $1,2016,$ Parsley sold $29,000$ shares of common stock

for cash. No cash dividends were declared for $2016.$ Parsley

reported a net loss of $$313,000$ for the year ended December $31,$

$2016.$Calculate Parsley's loss per share for the year ended December

$31,2016.($Round your answer to $2$ decimal

places.$)$