Question 9 of 40 < View Policies Current Attempt in Progress -12.5 3 Marigold Corp. had 207000 shares of common stock, 20400 shares of convertible preferred stock, and $603000 of 10% convertible bonds outstanding during 2021. The preferred stock is convertible into 40700 shares of common stock. During 2021, Marigold paid dividends of $0.54 per share on the common stock and $1.80 per share on the preferred stock. Each $1,000 bond is convertible into 45 shares of common stock. The net income for 2021 was $352000 and the income tax rate was 30% Basic earnings per share for 2021 is (rounded to the nearest penny) $1.38. $1.52. O $1.43. O $1.18. Save for Later Attempts: 0 of 1 used. Submit Answer