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6 At December 31, 2020 and 2021, Funk & Noble Corporation had outstanding 600 million shares of common stock and 3 million shares of 6%,

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6 At December 31, 2020 and 2021, Funk & Noble Corporation had outstanding 600 million shares of common stock and 3 million shares of 6%, $100 par value cumulative preferred stock. No dividends were declared on either the preferred or common stock in 2020 or 2021. Net income for 2021 was $378 million. The income tax rate is 25%. 0.66 points Calculate earnings per share for the year ended December 31, 2021. (Round your answer to 2 decimal places.) eBook Earnings per share References

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