FINANCIAL ACCOUNTING II As of January 2, 2021, The Triple J Company had the following items in its capital structure: 12,000 shares of preferred stock issued, with a par value of $7, a market value of $12, an annual dividend of $2, and 3,000 shares in the treasury, and 24,000 shares of common stock issued, with a stated value of $5, a market value of $9, and 4,000 shares in the treasury. On April 1, 2021, Triple J issued 8,000 additional shares of common stock for cash. Triple J also had stock warrants outstanding which were issued on September 30, 2021, and which could be converted into 24,000 shares of common stock, beginning in 2024. In addition, Triple J had stock options outstanding, originally issued in 2019, that could be exercised in 2023 for 12,000 shares. The exercise price per share is $8, and the cash that would be received from the hypothetical exercise of the stock options would permit Triple J to reacquire 8,138 shares of its own stock in the marketplace. Triple J's net income was $278,000 for the year ended December 31,2021. Prepare a schedule of the earnings per share reported by The Triple J Company for 2021.