A Company Had the Following During the Year: Cost of Goods

A company had the following during the year: cost of goods sold = $120,000, investment income = $1,800, sales = $235,000, operating expense = $53,000, interest expense = $4,800, dividends = $8,400, tax rate = 35 percent, and 20,000 shares outstanding. What were the earnings per share?

A) $1.62
B) $1.80
C) $1.76
D) $1.67
E) $1.92