The balance sheets at the end of each of the first two years of operations indicate the following: Year 2 Year 1 Total current assets Total investments Total property, plant, and equipment Total current liabilities Total long-term liabilities Preferred 996 st , s 100 par Common stock, $10 par Paid-in capitai in excess of par-Common stock Retained earnings $600,000 60,000 900,000 125,000 350,000 100,000 600,000 75,000 310,000 $560,000 40,000 700,000 65,000 250,000 100,000 600,000 75,000 210,000 If net income is $250,000 and interest expense is $30,000 for Year 2, what are the earnings per share on common stock for Year 27 a. $4.16 b. $4.02 Oc. $2.49 1d. $4.32