On $12/31/2020,$ A$$Corporation had $100,000$ shares of common

stock outstanding and $30,000$ shares of $7\%,$ $$100$ par, cumulative

preferred stock outstanding. On $3/31/2021,$ A$$purchased $24,000$

shares of common stock on the open market as treasury stock paying

$$20$ per share. On $8/31/3021,$ A$$declared and issued a $2-$for$-1$

stock split on outstanding common stock. A$$sold $8,000$ treasury

shares on October $1,2021,$ for $$15$ per share. Net income for $2021$

was $$250,000.$Please compute A$\text{'}$s basic EPS $($basic earnings per share$)$ for

$2021.$