barbur incorporated reported net income of $6.8625 million. during the year the average number of common shares outstanding was 3.05 million. the price of a share of common stock at the end of the year was $5. there were 420,000 shares of preferred stock outstanding on average and no dividends were declared and the preferred stock is outstanding on average and no dividends were declared and the preferred stock is noncumulative. The EPS is: a) $0.44 b)$2.01 c)$2.11 d)$2.25