At December 31,2024 . Crane Company had 291000 shares of common stock and 10700 shares of 5%,$100 par value cumulative preferred stock outstanding. No dividends were declared on either the preferred or common stock in 2024 or 2025 . On January 30. 2026, before the issuance of its financial statements for the year ended December 31,2025. Crane declared a 100\% stock dividend on its common stock, Net income for 2025 was $1130000. In its 2025 financial statements, Crane will report 2025 earnings per share of $1.93. $1.85. $3.88. $3.81