The balance sheets at the end of each of the first two years of operations indicate the following Year 2 $600,000 60,000 900,000 150,000 350,000 100,000 00,000 60,000 325.000 Year 1 Total current assets Total investments Total property, plant, and equipment Total current iablibes Total long-term liabilibes Preferred 9% stock, $100 par Common stock, $10 par Paid-in capital in excess of par-common stock Retained earnings If net income is $125,000 and preferred dividends are $9,000 for Year 2, what is the earnings per share on common stock for Year 22 (Round to two decimal places) $560,000 40 000 700,000 80 000 250,000 100,000 600,000 0,000 210.000 a $1.93 , b $208 $1.75 odso 19