Gaslight Ltd has earnings after tax of $1 260 000 for the year ended 30 June 2015. At the beginning of the period Gaslight had 570 000 fully paid-up ordinary shares on issue. On 30 December 2014 the company made a one-for-two bonus issue. The last sale price of the shares immediately prior to the bonus issue was $4.50 each. What are the earnings per share taking into account the bonus issue?