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Flyaway Travel Company reported net Income for 2021 In the amount of $100,000. During 2021, Flyaway declared and pald $3.125 In cash dividends on its

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Flyaway Travel Company reported net Income for 2021 In the amount of $100,000. During 2021, Flyaway declared and pald $3.125 In cash dividends on its nonconvertible preferred stock. Flyaway also paid $20,000 cash dividends on its common stock. Flyaway had 50,000 common shares outstanding from January 1 until 20,000 new shares were sold for cash on April 1, 2021. What is 2021 basic earnings per share? Multiple Choice None of these answer choices are correct. $1.54 $149. $138

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