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At December 31, 2020 and 2021. Funk & Noble Corporation had outstanding 960 million shares of common stock and 12 million shares of 6%, $100

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At December 31, 2020 and 2021. Funk & Noble Corporation had outstanding 960 million shares of common stock and 12 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 $1,512 million The income tax rate is 25% Calculate earnings per share for the year ended December 31, 2021. (Round your answer to 2 decimal places.) Earnings per share

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