EWO Current Attempt in Progress Coronado Industries had 207000 shares of common stock, 19500 shares of convertible preferred stock, and $1502000 of 4% convertible bonds outstanding during 2021. The preferred stock is convertible into 39700 shares of common stock. During 2021. Coronado pald dividends of $0.90 per share on the common stock and $3 per share on the preferred stock. Each $1,000 bond is convertible into 30 shares of common stock. The net income for 2021 was $606000 and the income tax rate was 30% Basic earnings per share for 2021 is (rounded to the nearest penny) O $2.16. O $2.46 $2.64. $2.38 Sve for Later Attempts: 0 of 1 used Submit