Question 21 2 pts (3 minutes) Sydney Company has Net Income equal to $100,000; weighted average common share outstanding 50,000; noncumulative, 6% preferred stock, 1,000shares, $10 par, current year dividend declared and paid. Sydney will report Basic Earnings Per Share equal to (rounded): O $1.98. O $2.00. O $1.97. O $1.99