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At December 31, 2013, Hansen Corporation had 42,000 shares of common stock and 6,000 shares of 9%, $100 par cumulative preferred stock outstanding. No dividends

At December 31, 2013, Hansen Corporation had 42,000 shares of common stock and 6,000 shares of 9%, $100 par cumulative preferred stock outstanding. No dividends were declared or paid in 2013. Net income was reported as $220,000. What is basic EPS? (Round your answer to 2 decimal places.)

$6.11.
$3.95.
$4.58.
$5.24.

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