$19.$ Laurelli Builders $($LB$)$ reported the following fi nancial data for year$-$end December $31$:

Common shares outstanding, January $12,020,000$

Common shares issued as stock dividend, June $1380,000$

Warrants outstanding, January $1500,000$

Net income $$3,350,000$

Preferred stock dividends paid $$430,000$

Common stock dividends paid $$240,000$

Which statement about the calculation of LB$$s EPS is most accurate?

A $.$ LB$$s basic EPS is $$1\mathrm{.}12.$

B $.$ LB$$s diluted EPS is equal to or less than its basic EPS.

C $.$ Th e weighted average number of shares outstanding is $2,210,000$