Year 2 year 1 total current assets $600,000 $560,000 total investments 60,000 40,000 total property, plant, and equipment 900,000 700,000 total current liabilities 150,000 80,000 total long-term liabilities 350,000 250,000 preferred 9% stock, $100 par 100,000 100,000 common stock, $10 par 600,000 600,000 paid-in capital in excess of par—common stock 60,000 60,000 retained earnings 325,000 210,000 if net income is $125,000 and preferred dividends are $9,000 for year 2, what is the earnings per share on common stock for year 2? a. $2.08 b. $1.75 c. $0.19 d. $1.93