At December 31,2021 and 2020 , Coronado industries had 173000 shares of common stock and 12500 shares of 6%,$100 par value cumulative preferred stock outstanding. No dividends were declared on either the preferred or common stock in 2021 or 2020 . Net income for 2021 was $446000. For 2021 , earnings per common share amounted to (rounded to the nearest penny) $1.87.$1.74$2.56$2.14