Unique Corp. had 50,000 shares of $5 preferred stock, $100 par, and 100,000 shares of $1 par common stock outstanding throughout the year. Net income for the year was $780,000, and Unique declared and distributed a cash dividend of $1.0 per share on its common stock. Earnings per share amounted to: Multiple Choice O O $1.0. O $7.8. O O $5.3. $1.3 O