On $31$ December $20$X$3,$ the capital structure of Victor Varieties Ltd$.$ was as follows:

$$4,500,000$ face value of $12\%$ debentures, due $1$ April $20$X$10,$ convertible into eight common shares per

$$1,000.$ Interest on the $12\%$ debentures is paid on $1$ April and $1$ October of each year. On $2$ April $20$X$3,$

$12\%$ debentures with a face value of $$1,500,000$ had been converted. Interest expense on these bonds

was $$48,000$ in $20x3.$ Interest expense on all the $12\%$ bonds amounted to $$432,000,$ including the

$$48,000.$

$$3,000,000$ face value of $12\mathrm{.}4\%$ debentures, due $30$ June $20$X$15,$ convertible into eight common shares

per $$1,000$ after $30$ June $20$X$7.$ Interest expense related to these bonds was $$450,000$ in $20$X$3.$ Interest

is paid on $30$ June and $31$ December of each year.

$30,000$ cumulative preferred shares issued and outstanding, $$8$ per share dividend, redeemable at the

shareholder's option at $$100$ per share. These preferred shares are classified as debt. Dividends are

reported as a financing expense in earnings.

$100,000$ options outstanding to senior management, exerciseable in $20$X$14.$ The options allow purchase

of $100,000$ at $$25$ per share. Average market price in $20$X$3$ was $$14.$

$60,000$ common shares issued and outstanding.

Victor Varieties reported net earnings after tax of $$600,000$ for $20$X$3.$ The tax rate was $40\%.$

Required: $$

Compute EPS for $20$X$3.$