Mayan Company had net income of $32,670. The weighted-average common shares outstanding were 9,900. The company declared a $4,600 dividend on its noncumulative, nonparticipating preferred stock. There were no other stock transactions.
The company's earnings per share is:
A.) $2.84.
B.) $3.30.
C.) $2.59.
D.) $3.51.
E.) $3.76.
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