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 2019, ABC declared and paid $90,000 in cash dividends on its nonconvertible preferred stock. The basic eamings per common share, rounded to the nearest penny, for the year ended December 31, 2019, should be $1.65 $2.23 $2.49. $2.36