Scotland Corporation had net income for 2024 of $74,000. Scotland had 15,000 shares of common stock outstanding at the beginning of the year and 21,000 shares of common stock outstanding at the end of the year. There were 11,000 shares of preferred stock outstanding all year. During 2024, Scotland declared and paid preferred dividends of $21,000. What is Scotland's earnings per share? (Round the answer to two decimal places.) OA. $2.52 OB. $2.94 C. $4.11 OD. $3.52