At December 31, 2021 and 2020, Miley Corp. had 180000 shares of common stock and 12000 shares of 6%, $100 par value cumulative preferred stock outstanding. No dividends were declared on either the preferred or common stock in 2021 or 2020. Net income for 2021 was $450000. For 2021, earnings per common share amounted to (rounded to the nearest penny)

A. $2.49
B. $2.10
C. $1.83
D. $1.70.