Prague Corp. had $200,000$ shares of $$1$ par common stock and $10,000$ shares of $3\%,$$$100$ par value cumulative, participating, nonstock in $20$X$1,20$X$2$ or $20$X$3.$ Prague reported net income of $$460,000$ in $203.$ What would the company report for $203$ earnings per common share?

$$2\mathrm{.}30$

$$2\mathrm{.}15$

$$1\mathrm{.}85$

$$2\mathrm{.}00$