Hill Corp had 500,000 shares of common stock outstanding on January 1,2014, issued 200,000 shares on July 1, 2014, and had income applicable to common stock of $1,470,000 for the year ending December 31,2014, Earnings per share of common stock for 2014 would be Select one: a. $2.45. b. $1.16. c. $1.40. d. $1.64