Concord Corporation had 207000 shares of common stock, 21000 shares of convertible preferred stock, and $1494000 of 4% convertible bonds outstanding during 2021. The preferred stock is convertible into 40500 shares of common stock. During 2021. Concord paid dividends of $0.80 per share on the common stock and $2 per share on the preferred stock. Each $1,000 bond is convertible into 30 shares of common stock. The net income for 2021 was $602000 and the income tax rate was 30%. Basic earnings per share for 2021 is (rounded to the nearest penny) $2.43. $2.13. $2.71. $2.35