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Question 19 West, Inc. has a net income of $410,000 for 2010, and there are 130,000 weighted-average shares of common stock outstanding. Dividends declared and

Question 19

West, Inc. has a net income of $410,000 for 2010, and there are 130,000 weighted-average shares of common stock outstanding. Dividends declared and paid during the year amounted to $40,000 on the preferred stock and $96,000 on the common stock. The earnings per share for 2010 is

A.

$3.15.

B.

$0.74.

C.

$2.85.

D.

$3.01.

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