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Morgan Company reported the following information for the year ended December 31, 2015: Net income...

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Morgan Company reported the following information for the year ended December 31, 2015: Net income $600,000; Preferred dividends declared and paid $60,000; Common dividends declared and paid $90,000; Average number of common shares outstanding 80,000 share; Ending market price per share $45; Net sales $5,100,000. What was Morgan's earnings per share for 2015? Select one: a. $6.75 O b. $6 c. $0.15 O d. $5.11

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