$($Questions $12$ &$13)$ During $2023,$ Angel Corporation had $900,000$ shares of common stock and $50,000$ shares of $6\%$ preferred stock outstanding. The preferred stock does not have cumulative or convertible features. Angel declared and paid cash dividends of $$300,000$ and $$150,000$ to common and preferred shareholders, respectively, during $2023.$

On January $1,2023,$ Angel issued $$2,000,000$ of convertible $5\%$ bonds at face value. Each $$1,000$ bond is convertible into five common shares.

Angel's net income for the year ended December $31,2023,$ was $$6$ million. The income tax rate is $20\%.$

$12.$What is Angel's basic earnings per share for $2022,$ rounded to the nearest cent?$$

$$

A$.$ $$5\mathrm{.}29.$

B$.$ $$5\mathrm{.}57.$

C$.$ $$6\mathrm{.}50.$

D$.$ None of these is correct.