Cardinal Corporation Reports Net Income for 2017 of $100,000

Cardinal Corporation reports net income for 2017 of $100,000.Cardinal Corporation had outstanding for all of 2017 10,000 shares of cumulative $5 preferred shares.On January 1,2017,Cardinal had outstanding 50,000 common shares.On October 1,2017,Cardinal Corporation issued 20,000 common shares for cash.Earnings per share is:

A) $1.43
B) $0.71
C) $1.82
D) $0.91