Following is select information for Park Company: 2020 Income Statement $640 Consolidated net income Net income attributable to noncontrolling interest (40) Net income attributable to Reese Company shareholders 600 Balance Sheet 2020 December 31, 2019 December 31, Preferred stock (par) $ 200 $ 200 Common stock ($1 par) 200 200 Additional paid-in capital - common stock 1,100 1,100 Dividends on preferred stock during 2020 totaled $12 and were not tax deductible. The income tax rate is 20%. The 2020 basic earnings per share were: O $2.56 $2.94 O $3.41