Revival Corporation Provides the Following Information Based on the Information Provided Above,compute the Earnings Per Share

Revival Corporation provides the following information. $$\begin{array} { | l | r | r | } \hline & \text { March 31, 2016 } & \text { March 31, 2017 } \\\hline \text { Net Income } & \$ 358,000 & \$ 425,500 \\\hline \text { Preferred Dividends } & 0 & 0 \\\hline \text { Total Stockholders' Equity } & \$ 4,380,000 & \$ 5,132,000 \\\hline \text { Stockholders' Equity attributable to Preferred } & & \\\text { Stock } & 0 & 0 \\\hline \text { Number of Common Shares Outstanding } & 294,464 & 195,160 \\\hline\end{array}$$ Based on the information provided above,compute the earnings per share of Revival Corporation as of March 31,2017.(Round any intermediate calculations and your final answer to the nearest cent. )

A) $1.22
B) $2.18
C) $1.74
D) $1.46