At December 31, Belinda, Inc

At December 31, Belinda, Inc. had 500,000 shares of common stock issued and outstanding, 250,000 of which had been issued and outstanding throughout the year and 250,000 of which were issued on July 1. Net income for the year ended December 31, was $795,000.
What is Belinda's 2013 earnings per common share (to the nearest cent) ?

A) $1.06
B) $1.27
C) $1.59
D) $2.12
E) None of the above