Botanical Gardens Nursery Has 6,800 Shares of Stock Outstanding at a Market

Botanical Gardens Nursery has 6,800 shares of stock outstanding at a market price of $21 a share.The earnings per share are $1.54.The firm has total assets of $315,000 and total liabilities of $186,000.Today,the firm is paying an annual cash dividend of $0.82 a share.Ignore taxes.What will the earnings per share be after the dividend is paid?

A) $0.31
B) $0.74
C) $1.54
D) $20.70
E) $21.02