At December 31, 2024, Ivanhoe Comonay had 193000 shares of common stock and 9600 shares of 6%, $100 par value cumulative preferred stock outstanding. No dividends were declared on either the prefered or common stock in 2024 or 2025. On february 10, 2026, before the issuance of its financial statements for the year ended december 31, 2025, Ivanhoe declared a 100% stock dividend on its common stock. Net income for 2025 was $957000. In its 2025 financial statements, Ivanhoe will report earnings per share of

A- 4.66

B. 2.33

C. 1.35

D. 4.36