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Unique Corp. had 70,000 shares of $2 preferred stock, $100 par, and 200,000 shares of $1 par common stock outstanding throughout the year. Net income

Unique Corp. had 70,000 shares of $2 preferred stock, $100 par, and 200,000 shares of $1 par common stock outstanding throughout the year. Net income for the year was $800,000, and Unique declared and distributed a cash dividend of $2.6 per share on its common stock. Earnings per share amounted to:

A. $4.0.

B. $2.6.

C. $3.3.

D. $3.9.

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