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Partridge Company provides the following information for the year 2020. Net income Market price of common shares Dividends paid-common shares Dividends paid-preferred shares Preferred shares

Partridge Company provides the following information for the year 2020. Net income Market price of common shares Dividends paid-common shares Dividends paid-preferred shares Preferred shares outstanding at December 31, 2020 Common shares outstanding at December 31, 2020 $32,600 $2.00/share $0.10/share $1.00/share 20,000 shares 150,000 shares Note: There were no new preferred shares issued in 2020; 60,000 common shares were issued on September 30, 2020. How much was the earnings per share for 2020? Round to the nearest cent OA. $0.22 OB. $0.30 OC. $0.08 OD. $0.12image text in transcribed

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