At December $31,2023,$ Albrecht Corporation had outstanding $353,000$ shares of common stock and $20,000$ shares of $9\mathrm{.}5\%,$ $$1$50 par value cumulative, nonconvertible preferred stock.

On May $31,2024,$ Albrecht sold for cash $12,$500 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 $$1,430,000.$

Required:

Calculate Albrecht's net loss per share for the year ended December $31,2024.$

Answer rating: 100% (QA)

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