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During the year ended December 31, 2018, Saturn Ltd. had net income of $25,000. The company had 15,000 common shares issued for the entire year,

During the year ended December 31, 2018, Saturn Ltd. had net income of $25,000. The company had 15,000 common shares issued for the entire year, along with 1,000 $2 cumulative preferred shares. The company paid the preferred shareholders their annual dividend in 2015 but did not pay any dividend to the common shareholders. Saturns earnings per share is a) $1.44 per share. b) $1.53 per share. c) $1.67 per share. d) $25 per share.

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