At December 31, 2021, Hansen Corporation had 48,000 shares of common stock and 4,100 shares of 9%, $100 par cumulative preferred stock outstanding. No dividends were declared or paid in 2021. Net income was reported as $200,000. What is basic EPS? (Round your answer to 2 decimal places.) Multiple Choice $3.84. $4.56. $3.40. $4.17