Johnson Corp has net income of 180,000 for the year ended 12/31/2021. During the year they declared and paid $10,000 in Common Stock dividends. Johnson Corp had 30,000 shares of stock outstanding at the beginning of the year, and on April 1st issued an additional 20,000 shares. As of 1/1/2021, management had options that could be exercised for 15,000 shares of common stock. On 6/30/2021 management was awarded options for an additional 5,000 shares of common stock which could not be exercised until 12/31/2021. What is Basic Earnings Per Share the year ended 12/31/21 (rounded to nearest hundredth)? 4.00 O2.77 3.00 3.78

Johnson Corp has net income of 180,000 for the year ended 12/31/2021. During the year they declared and paid $10,000 in Common Stock dividends. Johnson Corp had 30,000 shares of stock outstanding at the beginning of the year, and on April 1st issued an additional 20,000 shares. As of 1/1/2021, management had options that could be exercised for 15,000 shares of common stock. On 6/30/2021 management was awarded options for an additional 5,000 shares of common stock which could not be exercised until 12/31/2021. What is Basic Earnings Per Share the year ended 12/31/21 (rounded to nearest hundredth)? 4.00 2.77 3.00 3.78