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At December $31,2025,$ Ivanhoe Company had

$493000$ shares of common stock issued and

outstanding, $392000$ of which had been issued

and outstanding throughout the year and

$101000$ which were issued on October $1,2025.$

Net income for the year ended December $31,$

$2025$ was $$1696000.$ What should be Ivanhoe's

$2025$ earnings per common share?

$$37\mathrm{.}03$

$$4\mathrm{.}33$

$$3\mathrm{.}83$

$$4\mathrm{.}06$