(b) Assume that Oriole Corp. earned net income of $3,471,000 during 2021. In addition, it had 101,000 shares of 9%, $100 par nonconvertible, noncumulative preferred stock outstanding for the entire year. Because of liquidity considerations, however, the company did not declare and pay a preferred dividend in 2021. Compute earnings per share for 2021, using the weighted-average number of shares determined in part (a). (Round answer to 2 decimal places, eg. $2.55.) Earnings Per Share $ eTextbook and Media Save for Later Attempts: 0 of 10 used Submit Answer P