Abel Company provided the following information from its financial records: Net income Common stock dividends Preferred stock dividends Sales $285,000 Common shares outstanding 1/1 $27,000 Common shares outstanding 12/31 $28,500 Preferred shares outstanding 1/1 $970,000 Preferred shares outstanding 12/31 What is the amount of the company's earnings per share? 440,000 505,000 27,000 23,000 Multiple Choice $0.67 $29.38 $0.60 $0.54