The Abel Company Provided the Following Information from Its Financial

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

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