Answer:
A. $1.80
Step-by-step explanation:
Earnings per share = (Net Income - Preferred dividend) / Weighted average outstanding common shares
Earnings per share = (1140000 - 10000*100*6%) / (300000 + 300000)
Earnings per share = $1.80 per share
So, Rice's 2018 earnings per common share should be $1.80 per share