On January 1, 2020, ABC Co. issued 100,000 common shares and 10,000 shares of 6% preferred stock at $200 par per share, convertible into 50,000 shares of common stock.On December 31, 2020, ABC issued 40,000 additional shares of common stock, reported net income of $450,000 and declared $80,000 of dividends.What is ABC'sDilutedEPS for 2020?

Group of answer choices

$2.36

$1.74

$3.00

$3.30

$2.20