Faccio Academy Surplus had $45,000$ shares of common stock and $3,000$ shares of $20\%,$$$20$ par value preferred stock outstanding through December $31,2024.$ Income from

continuing operations for $2024$ was $$723,000,$ and loss on discontinued operations $($net of income tax saving$)$ was $$13,500.$

Compute Faccio's earnings per share for $2024,$ starting with income from continuing operations. Round to the nearest cent. $($Enter all EPS amounts to the nearest cent, $X$.$XX$.$ Use

parentheses or a minus sign for amounts reducing the income from continuing operations.$)$

Begin by selecting the formula to compute the earnings per share.

Earnings per share $=$