c. purchase d. consolidation O Based on the following information, what is earnings per share? 210,000 230,000 Common shares outstanding at the beginning of the accounting period Common shares outstanding at the end of the accounting period Weighted average common shares outstanding during the period Preferred stock dividend declared and paid Preferred stock dividend in arrears Net income 220,000 $ 70,000 $ 20,000 $500,000 Select one: O a. $2.27 O b. $1.86 oc. $1.95 d. $1.78 When the mimber of common shares outstanding has changed during the year n