At December 31, 2018, the ABC Company had 150,000 shares of common stock issued and outstanding On April 1, 2019, an additional 40,000 shares of common stock were issued ABC's net income for the year ended December 31, 2019, was $537.500. During 2010, ABC declared and paid $90,000 in cash dividends ons non convertible preferred stock. The basic camins per common share, rounded to the nearest penny for the year ended December 31, 2019, should be OA $1.65 $2.23 $2.40 32