The following information pertains to Torque Corp.'s outstanding stock for 2021: 62,500 Common stock, $1 par value Shares outstanding, 1/1/2021 2-for-1 stock split, 4/1/2021 Shares issued, 7/1/2021 32,500 Preferred stock, $10 par value, 4% cumulative Shares outstanding, 1/1/2021 12,500 How many shares should Torque use to calculate 2021 basic earnings per share