At December $31,2024,$ Alon Corporation had $53,000$ shares of common stock and $4,100$ shares of $11\%,$ $$100$ par cumulative preferred stock outstanding. No dividends were declared or paid in $2024.$ Net income was reported as $$260,000.$ What is basic EPS?

Note: Round your answer to $2$ decimal places.

Multiple Choice

$$4\mathrm{.}91$

$$4\mathrm{.}05$

$$4\mathrm{.}55$

$$5\mathrm{.}32$