Murphy Co$.$ had $60,000$ common shares outstanding on January $1,2020.$ The company sold an additional $4,500$ shares on March $1,$ issued a $3-$for$-1$ stock split on September $1,$ and reacquired $3,600$ shares on December $1.$ The company also declared, but has not paid, a dividend on its $10,000$ shares of $5\%,$ $$10$ par, noncumulative preferred stock. The net loss for the year was $$33,190.$

Required:

Compute Murphy Co$.\text{'}$s basic earnings per share for $2020.$ If required, round your answer to two decimal places.