hi I need help answering the following question thank you

TB MC Qu. 19-95 (Algo) At December 31, 2021 and 2020, P Co. had... At December 31, 2021 and 2020, P Co had 58,000 shares of common stock and 5,800 shares of 5%, $100 par value cumulative preferred stock outstanding. No dividends were declared on either the preferred or common stock in 2021 or 2020. Net Income for 2021 was $620,000. For 2021, basic earnings per common share amounted to (Round your answer to 2 decimal places.) Multiple Choice O 51014 $1014 091019 O $10.00 $500 $500 O