At the end of 2020 ABC company reports a net income of $180,000, Net sales of $680,000 and inventory of $240,000. It declares and pays preferred dividends of $40,000 for the year 2020. The weighted- average number of ordinary shares outstanding during the year 2020 is 100,000 shares. The earnings per share for ABC company at the end of the year 20202as follows: O a. $1.8 O b. $2.4 O c. $4.4 O d. $1.4