Sarasota Corporation had $2020$ net income of $$1,203,000.$ During $2020,$ Sarasota paid a dividend of $$2$ per share on $110,300$ shares of

preferred stock. During $2020,$ Sarasota had outstanding $307,000$ shares of common stock.

Compute Sarasota's $2020$ earnings per share. $($Round answer to $2$ decimal places, e$.$g$.3\mathrm{.}56.)$