At December 31, 2017 Rice Company had 300,000 shares of common stock and 10,000 shares of 6%, $100 par value non-cumulative preferred stock outstanding. No cash dividends were declared in 2017 or 2018. In 2019, Rice declared a 100% stock dividend on its common stock. Net income for 2018 was $1,140,000. In its 2018 financial statements, Rice's 2018 earnings per common share should be Select one: O a. $1.89. b. $3.60. c. $1.80. d. $3.80