Oregon,Inc.reported net income of $105,000.During the current year,the company had 5,000 shares of $100 par,5% preferred stock and 10,000 of $5 par common stock outstanding.Oregon's earnings per share is
A)$8.00
B)$18.00
C)$5.08
D)$5.00

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The Answer of Oregon,Inc.reported net income of $105,000.During the current year,the company had 5,000 shares of $100 par,5% preferred stock and 10,000 of $5 par common stock outstanding.Oregon's earnings per share is
A)$8.00
B)$18.00
C)$5.08
D)$5.00