The Abel Company Provided the Following Information from Its Financial

The Abel Company provided the following information from its financial records: $\begin{array}{lrlc}\text { Net income } & \$ 250,000 & \text { Common shares } &200,000\\&&\text { outstanding 1/1 }\\\text { Common stock dividends } & \$ 20,000 &\text { Common shares } &300,000\\&&\text { outstanding 12/31 }\\\text { Preferred stock } & \$ 25,000 & \text { Preferred shares } &10,000\\\text { dividends } & & \begin{array}{l}\text { outstanding } 1 / 1\end{array} \\\text { Sales } & \$ 1,000,000 & \text { Preferred shares }& 6,000 \\& & \begin{array}{l}\text { outstanding } 12 / 31\end{array} \\\end{array}$
What is the amount of the company's earnings per share?

A) $0.82
B) $1.00
C) $0.90
D) $0.75