Vaughn Manufacturing purchased Ivanhoe Company and agreed to give stockholders of Ivanhoe Company 50800 additional shares in 2023 if Ivanhoe Company's net income in 2022 is $590000 or more in 2021 Ivanhoe Company's net income is $615000. Vaughn has net income for 2021 of $1501000 and has an average number of common shares outstanding for 2021 of 499000 shares. What should Vaughn report as earnings per share for 2021? Basic Earnings Per Share Diluted Earnings Per Share