At the beginning of 2021, a company had 200,000 shares of $5 par value common stock outstanding. On August 1, the company issued another 100,000 shares. The company's 2021 net income $425,000. In addition, you are given the following portion of the company's 12/31/2021 stockholders' equity section of its balance sheet: $600,000 Preferred stock (4%, $10 par, 60,000 shares issued and outstanding) Calculate the company's earnings per share for 2021 (round to the nearest cent). $1.66 O $1.34 $1.76 $1.42 $1.72