XYZ inc. has 200,000 shares of $5 par common stock issued and outstanding. XYZ inc. also has 50,000 shares of $100, 5% par cumulative preferred stock. In 2017, XYZ had net income of $3,000,000. The number of shares of both common and preferred stock has not changed during the year, and the preferred stock dividends were paid at the end of 2017. What are the common earnings per share (EPS) for 2017? Round to the nearest cent.

$14.00 , $14.20, $12.80, $13.75 ?