12. Ultimate Gamer reported the following amounts in its annual financial statements: Year 1 Year 2 Number of common shares 11,600 11,800 Net income $25,740 $20,740 Cash dividends paid on common stock $3,200 $3,200 Total stockholders' equity $260,000 $240,000 For Year 2, EPS is a) $2.22 b) $2.20 c) $1.77 d) $1.75 e) None of the above.