Rudolph Corporation Reports the Following Information Rudolph Should Report Earnings Per Share of
A) $1

Rudolph Corporation reports the following information: $\begin{array}{llcc} \text { Net income............................................................. } & \$900,000 \\ \text {Dividends on common shares...................................... } &\$252,000\\ \text { Dividends on preferred shares............................................ } &\$90,000\\ \text { Weighted average common shares outstanding....................... } &300,000\\\end{array}$
Rudolph should report earnings per share of

A) $1.86.
B) $2.16.
C) $2.70.
D) $3.00.