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Bramble Corp. had 201000 shares of common stock, 20200 shares of convertible preferred stock and 51504000 of 5% convertible bonds outstanding during 2021. The preferred

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Bramble Corp. had 201000 shares of common stock, 20200 shares of convertible preferred stock and 51504000 of 5% convertible bonds outstanding during 2021. The preferred stock is convertible into 40200 shares of common stock During 2021. Bramble paid dividends of $1.00 per share on the common stock and $2 per share on the preferred stock. Each $1,000 band is convertible into 30 shares of common stock. The net income for 2021 was $604000 and the income tax rate was 30% Basic earnings per share for 2021 is (rounded to the nearest penny) $2.20. $2.50. $2.41. $2.80. Attempts of used to

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