At December 31, 2019 and 2020, Danish Corp

At December 31, 2019 and 2020, Danish Corp. had 100,000 common shares and 10,000, $ 5, no par value cumulative preferred shares outstanding. No dividends were declared in 2019 or 2020. Net income for 2020 was $ 400,000. For 2020, basic earnings per share would be

A) $ 4.00.
B) $ 3.50.
C) $ 3.00.
D) $ 2.00.