Vaughn Corporation had 972000 shares of common stock outstanding during the year. Vaughn declared and paid cash dividends of $488000 on the common stock and $330000 on the preferred stock. Net income for the year was $1788000. What is Vaughn's earnings per share? O $1.39 $1.50 $1.34 $1.00

Vaughn Corporation had 972000 shares of common stock outstanding during the year. Vaughn declared and paid cash dividends of $488000 on the common stock and $330000 on the preferred stock. Net income for the year was $1788000. What is Vaughn's earnings per share? $1.39 $1.50 $1.34 $1.00