On Decenber 31,2020. Shenandoah Company had 100,000 shares of common stock outstanding and 40,000 shares of 6%,$50 par, ouniative pelened stock outanding On February 28, 2021, Shenandoah purchased 34,000 shares of common stock on the open makel as tiearury stock paying $50 per share. Shenandoah sodd 7,000 treasury shares on September 30,2021 , for $55 per share. Nethcome lor 2021 was $190905. Also outstanding during the year were fully vested incentive stock options giving key officers the oplion lo boy 60,000 conmon shares at $50. The market price of the common shares averaged $60 during 2021 . Required: Compute the comparys basic and diluted earnings per share for 2021