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At December 31, 2021, Waterway Industries had 501000 shares of common stock issued and outstanding, 402000 of which had been issued and outstanding throughout

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At December 31, 2021, Waterway Industries had 501000 shares of common stock issued and outstanding, 402000 of which had been issued and outstanding throughout the year and 99000 of which were issued on October 1, 2021. Net income for the year ended December 31, 2021, was $1705000. What should be Waterway's 2021 earnings per common share, rounded to the nearest penny? O $4.00 O $3.78 O $4.24 $36.00 Save for Later Attempts: 0 of 1 used Submit Answ

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