Davis Co. reported the following items for the year ending December 31: Net income Preferred dividends Common dividends Shares of common stock outstanding Shares of preferred stock outstanding $139,500 39,500 20,000 60,000 10,000 What is the earnings per share on common stock (rounded to the nearest cent)? a. $1.67 b. $1.43 O C. $1.33 O d. $2.33