Green Thumb Nursery Has11,000 Shares of Stock Outstanding at a Market

Green Thumb Nursery has11,000 shares of stock outstanding at a market price of $18 a share.The current earnings per share are $1.47.The firm has total assets of $286,000 and total liabilities of $86,000.Next week,the firm will be repurchasing $36,000 worth of stock.Ignore taxes.What will be the earnings per share after the stock repurchase?

A) $1.883
B) $1.832
C) $1.620
D) $1.797
E) $1.848