Alice Corp. was organized on January * 5 points 1 of the current year with 200,000 common shares authorized; 100,000 shares were issued on that date at $8 per share. On April 1, an additional 20,000 shares were issued at $9 per share. Net income for the year was $420,000. What was the earnings per share reported on the income statement for the current year ended on December 31 ? Some other amount $3.50 $3.65 $2.10