At December 31 of 2018, The Kiwi Company had 200,000 ordinary shares and 10,000 shares of 4%, $100 par value preferred shares outstanding. This means that the company has to pay $40,000 in preferred dividends per year. Its net income for 2019 was $720,000. In its 2019 financial statements, the company basic EPS is: Select one: a. $3.20 O b. $3.60 O c. $3.58 O d. $3.40