At December 31, 2021, Sookie Limited has $500,000 of $4, cumulative preferred shares issued at $100 per share and $3,000,000 of common shares issued at $10 per share. Sookie's profit for the year is $960,000. Instructions Calculate eamings per share for 2021 under the following independent situations. (Round to two decimals) a) The dividend to preferred shareholders was declared, and there has been no change in the number of common shares during the year. b) The dividend to preferred shareholders was not declared. The preferred shares are cumulative