1-Jan 31-Dec Preferred stock $25 par value, 600 shares issued and outstanding Common stock $10 par value 5,500 shares issued Additional paid in capital Retained earnings Treasury shares - Common (1,250 shares) Total shareholders' Equity $15,000 55,000 28,000 95,000 $15,000 55,000 28,000 109,550 (35,000) 172,550 $193,000 Retained earnings changed during the year as follow: $95,000 17,600 Retained earnings, January 1 plus Net Income less Dividends: Preferred Stock Common Stock Retained earnings, December 31 (850) (2,200) $109,550 Basic EPS for YX Company is closest to: A. $3.44 B. $0.53 C. $3.16 D. $0.45