Luna Corporation declared and paid preferred dividends of $50,000 in 2019. There were 100,000 weighted average common shares outstanding. 2019 Net income for the company totaled $1,500,000. The company reported a loss from discontinued component (net of tax) of $50,000 and a loss on sale of discontinued component (net of tax) of $10,000 during the year. What was reported as earnings per share for continuing operations for 2019?

Select one:

a. $13.90

b. $14.50

c. $15.10

d. $15.00

e. $15.60

f. $14.40