Tamarisk Inc. presented the following data.

Net income

Preferred stock: $52,000$ shares outstanding, $$100$ par, $8\%$ cumulative, not

convertible

Common stock: Shares outstanding $1/1$

Issued for cash, $5/1$

Acquired treasury stock for cash, $8/1$

$2-$for$-1$ stock split, $10/1$

Compute earnings per share. $($Round answer to $2$ decimal places, e$.$g$.2\mathrm{.}55.)$

Earnings per share $