The options are:

A: $0.24 per share

B: $0.30 per share

C: $0.20 per share

D: $0.17 per share

Lamb Corp. has the following information: Net income $140,000 Preferred dividends $40,000 Common stock, beginning of year 400,000 shares Common stock, end of year 600,000 shares What is basic earnings per share