14. The average stockholders equity for ABC Company for 2000 was P2,000,000. Included in this figure is P200,000 par value of 8% preferred stock, which remained unchanged during the year. The return on common shareholders' equity was 12.5% during the 2000. How much was the net income of the company in 2000? a. P234,000 b. P241,000 c. P250,000 d. P225,000