2 ed out of Laurelli Builders (LB) reported the following financial data for year-end 31 December: Common shares outstanding, 1 January 2,000. / Common shares issued on 1 July 350. / Net income $3,000 / Preferred stock dividends paid $500 / Common stock dividends paid $320,000. What is LB's Basic EPS? O a. $1.15. O b. $1.00. O c. $1.47. O d. $1.34. O e. None of the above. Next page