Swifty Corporation purchased Blossom Company and agreed to give stockholders of Blossom Company 9200 additional shares in 2023 if Blossom Company's net income in 2022 is $507000; in 2021 Blossom Company's net income is $527000. Swifty Corporation has net income for 2021 of $460000 and has an average number of common shares outstanding for 2021 of 103000 shares. What should Swifty report as diluted earnings per share for 2021 ? $3.77$4.92$4.47$4.10 Sheffield Corp. had 195000 shares of common stock, 19300 shares of convertible preferred stock, and $1498000 of 6% convertible bonds outstanding during 2021 . The preferred stock is convertible into 40400 shares of common stock. During 2021 , Sheffield paid dividends of $0.80 per share on the common stock and $4 per share on the preferred stock. Each $1,000 bond is convertible into 30 shares of common stock. The net income for 2021 was $593000 and the income tax rate was 30%. Basic earnings per share for 2021 is (rounded to the nearest penny) $2.65$2.52$2.22$2.44