The plant should be classified in the balance sheet as ---------

Select one:

a. Intangible asset

b. Current asset

c. Property, plan and equipment

d. Current debts

X Company had 600,000 shares of common stock outstanding on January 1, issued 900,000 shares on July 1, and had income applicable to common stock of $2,940,000 for the year ending December 31, 2021. Earnings per share of common stock for 2021 would be -----------.

Select one:

a. $2.32.

b. $3.28.

c. $4.90.

d. $2.80.