Bonita Industries had 302000 shares of common stock issued and outstanding at December 31, 2020. No common stock was issued during 2021. On January 1, 2021, Bonita issued 204000 shares of nonconvertible preferred stock. During 2021, Bonita declared and paid $110000 cash dividends on the common stock and $75000 on the preferred stock. Net income for the year ended December 31, 2021 was $627000. What should be Bonita's 2021 earnings per common share? O $1.46 O $1.71 O $2.08 $1.83