Ciera Corporation reported the following information in its 20Y1 Form 10-K. ($ in millions)

Net income	$9,900
Dividends to preferred shareholders	$2,200
Dividends to common shareholders	$1,230
Number of weighted average common shares outstanding	3,800

Basic earnings per share (round to two decimal points) were:

Group of answer choices

$2.28

$1.70

$2.03

$2.61