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At December 31, 2020, Swifty Company had 510,000 shares of common stock issued and outstanding, 340,000 of which had been issued and outstanding throughout the

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At December 31, 2020, Swifty Company had 510,000 shares of common stock issued and outstanding, 340,000 of which had been issued and outstanding throughout the year and 170,000 of which were issued on October 1, 2020. Net income for 2020 was $1.970.000, and dividends declared on preferred stock were $430,000 Compute Switty's earnings per common share (Round answer to 2 decimal ploces, 68.5275)

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