Cadarette Corporation's most recent balance sheet and income statement appear below Current assets. Cash. Statement of Financial Position December 31. Year 2 and Year 1 (in thousands of dollars) Anets Accounts receivable. Inventory. Prepaid expemes Total current assets. Plant and equipment, net Total assets. Liabilities and Stockholders' Equity Year 2 Year 1 5 40 5 100 120 180 130 170 20 20 360 420 940 860 $1300 $1.290 Current liabilities Accounts payable. $170 $160 Accrued liabilities. Notes payable, short term. 40 Total current liabilities 290 280 Bonds payable. 119 16 Total liabilities. Stockholders' equity Preferred stock, $100 par valer, 10% 100 100 Common stock, $1 par value 100 100 Additional paid-in capital-common stock. 200 200 Retained earnings. 500 450 Total stockholders' equity 900 Total liabilities & stockholders' equity. $1300 $1.250 Income Statement For the Year Ended December 31, Year 2 On themands of dollars) Sales (all on account). $1,300 Cost of goods sold. 729 Gruss margin. 580 Selling and administrative expeme 420 Net operating income. 100 Interest expense Net income before tases 143 1.100 Income taxes (30) Net income Dividends on common stock during Year 2 totaled $40 thousand. Dividends on preferred stock totaled $10 thousand. The market price of common stock at the end of Year 2 was $17.73 per share The earnings per share of common stock for Year 2 is closest to: $1.00 $1.00 $14) 50.00