Shamrock Company Had Net Income of $30,000

Multiple Choice

Shamrock Company had net income of $30,000.The weighted-average common shares outstanding were 8,000.The company declared a $2,700 dividend on its noncumulative,nonparticipating preferred stock.There were no other stock transactions.The company's earnings per share is:

A) $2.87.
B) $2.73.
C) $3.41.
D) $3.16.
E) $3.75.