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There were no changes during 2021 in the number of commonshares, preferred shares; or conwertible bonds outstanding. There is no treasury stock. The company also
There were no changes during 2021 in the number of commonshares, preferred shares; or conwertible bonds outstanding. There is no treasury stock. The company also has common stock options (granted in a prior year) to purchase 73,600 shares of common stock at $20 per share. (a) Compute basic earnings per share for 2021 (Round answer to 2 decimal places, 6 \$ $2.55 ) Basic earnings per share (b) Compute diluted eamings per share for 2021. (Round answer to 2 decimal places, es. $2.55.)
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