At December 31, 2021 and 2020, Coronado Industries had 173000 shares of common stock and 12500 shares of 6%, $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 $446000. For 2021, earnings per common share amounted to (rounded to the nearest penny) O $1.87. O $1.74. O $2.56. O $2.14.