For the year ended October 31, 2021, Pharoah Corporation had net income available to common shareholders of $3.780,000, and 1,800,000 weighted average common shares outstanding. The company had written put stock options outstanding at the end of fiscal 2020 to buy back 159,600 common shares at $12 per share. None of these stock options were exercised during fiscal 2021, and the average market price for the year was $14. Calculate Pharoah's basic and diluted earnings per share. (Round answers to 2 decimal places, eg. 15.25.) Basic earnings per share $ Diluted earnings per share $