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The stock price is $26.40 per common share. The P/E is 24 and there are 1,500,000 common shares outstanding. Calculate the company's net income if

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The stock price is $26.40 per common share. The P/E is 24 and there are 1,500,000 common shares outstanding. Calculate the company's net income if there are no preferred shares outstanding, Select one: a. $1,630,000 b. $1,550,000 c. $1,675,000 d. $1,650,000 e. $1,725,000

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