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Crane Company had 2320000 shares of common stock outstanding on January 1 and December 31, 2021. In connection with the acquisition of a subsidiary company

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Crane Company had 2320000 shares of common stock outstanding on January 1 and December 31, 2021. In connection with the acquisition of a subsidiary company in June 2020, Crane is required to issue 104000 additional shares of its common stock on July 1, 2022, to the former owners of the subsidiary Crane paid $195000 in preferred stock dividends in 2021. and reported net income of $3330000 for the year. Crane's diluted earnings per share for 2021 should be (rounded to the nearest penny) O $1.37 $1.29 O $1.44 $135

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