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At December 31,2021 and 2020, P Co, had 61,000 sitares of common stock and 6,100 shares of 5%,5100 par value cumetative preferted stock otitstanding. No

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At December 31,2021 and 2020, P Co, had 61,000 sitares of common stock and 6,100 shares of 5%,5100 par value cumetative preferted stock otitstanding. No dividends were declared on eitties the preferred or cominon stock in 2021 or 2020 . Net income for 2021 was $665,000. For 2021 , basic eamings per common shiste amounted to. (Round your onswer to 2 decimal places.) Munterechice 4500 510AC 41035 $1000

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