QUESTION 30 Vessels Corp's net income was $2,532,000. A total of 200,000 shares of common stock and 200,000 of preferred stock were outstanding throughout the year. Dividends on common stock were $3.80 per share and dividends on preferred stock were $1.25 per share. The earnings per share on common stock is closest to: A) $12.86 B) $8.86 C) $7.61 D) $11.41