Sheridan Company purchased Pharoah Company and agreed to give stockholders of Pharoah Company 49300 additional shares in 2023 if Pharoah Company's net income in 2022 is $603000 or more in 2021 Pharoah Company's net income is $616000, Sheridan has net income for 2021 of $1496000 and has an average number of common shares outstanding for 2021 of 507000 shares. What should Sheridan report as earnings per share for 2021? Basic Earnings Per Share Diluted Earnings Per Share $2.69 $2.95 $2.95 $2.69 o $2.95 $2.95 o $2.69 $2.69