Earnings Per Share: A company has net income of $$2$ million, preferred dividends of $$500,000,$ and' $1$ million common shares outstanding. What is the earnings per share $($EPS$)?$

Select one

A$.$ $$1\mathrm{.}50$

B$.$ $$2\mathrm{.}00$

C$.$ $$1\mathrm{.}00$

D$.$ $$2\mathrm{.}50$