Cullumber Corporation reports the following information:

Net income

Dividends on common stock

Dividends on preferred stock

Weighted$-$average common shares outstanding

$$748200$

$$205000$

$$85700$

$250000$

Cullumber should report earnings per share of

$$1\mathrm{.}83.$

$$2\mathrm{.}17.$

$$2\mathrm{.}99.$

$$265$