As of 12/31/2017, Neyland Corp. has $10 par, 2% preferred stock, 10,000 shares outstanding, and $1 par common stock with 30,000 shares outstanding. The company last paid the preferred stock dividends in full as of 1/1/2016. Neyland pays $60,000 in dividends on 12/31/2017. What was the average dividend per share for common shareholders?

Group of answer choices

$2.00 per share

$1.93 per share

$1.00 per share

$1.87 per share

None of the answers provided