At December 31, 2023, Albrecht Corporation had outstanding 373,000 shares of common stock and 8,000 shares of 9.5%, $100 par value cumulative, nonconvertible preferred stock.
∙ On May 31, 2024, Albrecht sold for cash 12,000 shares of its common stock.
∙ No cash dividends were declared for 2024.
∙ For the year ended December 31, 2024, Albrecht reported a net loss of $114,000.

Required:
Calculate Albrecht’s net loss per share for the year ended December 31, 2024.