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Purple Cab Company nad 5000 shares of common stock outstanding on January 1, 2021. On Apr 1, 2021 the company issued 21000 shares of common

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Purple Cab Company nad 5000 shares of common stock outstanding on January 1, 2021. On Apr 1, 2021 the company issued 21000 shares of common stock. The company had outstanding fully vested incentive stock options for 5100 shares exercisable at that had not been exercised by its executives. The average market price of common stock was $13. The company reported net income in the amount of $270,915 for 202: What is the basic earnings per share rounded? Multiple Choice 5511 0 $325 $3.51 5406 B MA 3

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