at december 31, 2010 pine company had 200,000 shares of common stock and 10,000 shares of 4%, $100 par value cumulative preferred stock outstanding. no dividends were declared on either the preferred or common stock in 2010 or 2011. on february 10,2012, prior to the issuance of its financial statements for the year ended december 31,2011, pine declared a 100% stock split on its common stock. net income fore 2011 was $720,000. in its 2011 financial statements, pine's 2011 earnings per common share should be a) 3.40 b) 3.20 c) 1.70 d) 1.00