At December 31, 2017, the balance sheet of Brown Corporation included 8 million common shares and 2 million nonconvertible preferred shares. On July 1, 2018, Brown issued a 2 for 1 stock split on its common shares and paid $4 million cash dividends on the preferred stock. Net income for the year ended December 31, 2018, was $24 million. Brown's 2018 EPS should be: $1.25. $1.80 $2.50 $3.00