• Presented below is information reported by Blossom Ltd$.$ for its past two fiscal years:

• Dec $31,2024$

• Dec $31,2023$

• Common shares

• $$77000$

• $$60000$

• $6\%$ preferred shares, no par value, non$-$cumulative

• $358000$

• $358000$

• Retained earnings $($post closing$)$

• $92000$

• $77000$

• Net income for year

• $60000$

• $34000$

• $$

• On December $31,2024,$ there were $9000$ common shares outstanding trading at $$15/$share$.$ The preferred dividend was paid. No common shares have been bought or sold during the year. What is the basic earnings per share in $2024?$

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