Gail Inc Has 100,000 Common Shares Outstanding at the Beginning of of 2013

Gail. Inc. has 100,000 common shares outstanding at the beginning of 2013. The company issued an additional 50,000 common shares on July 1, 2013. Gail Inc.'s net income for the year ended December 31, 2013 was $300,000; its comprehensive income was $450,000. Gail Inc. paid dividends of $50,000 during the year. What was Gail Inc.'s basic EPS for 2013?

A) $2.00
B) $2.40
C) $3.00
D) $3.60