Chanukah Corporation reported the following information for 2021:

Item	Amount
Net income	$914,000
Common shares outstanding	375,000
Cash dividends on common stock (declared and paid)	$124,000
Preferred shares outstanding	435,000
Cash dividends on preferred stock (declared and paid)	$160,000
Tax rate	25%

What is Chanukah Corporations basic earnings per share for 2021, rounded to the nearest penny?

$1.68

$2.01

$0.93

$2.12