Question 2 of 9 -/12 Assume that Larkspur Corp. earned net income of $3,434,000 during 2021. In addition, it had 102,000 shares of 9%, $100 par nonconvertible, noncumulative preferred stock outstanding for the entire year. Because of liquidity considerations, however, the company did not declare and pay a preferred dividend in 2021. Compute earnings per share for 2021, using the weighted- average number of shares determined in part (a). (Round answer fo 2 decimal places, eg. $2.55) Earnings Per Share $ eTextbook and Media Question Part Score Assume the same facts as in part (b), except that the preferred stock was cumulative. Compute earnings per share for 2021. (Round answer to 2 decimal places, eg. $2.55) Earnings Per Share eTextbook and Media Question Part Score --13