At January 1, 2023, Sunland Corp. had 197000 common shares outstanding (no preferred shares issued). On July 1, 2023, the corporation issued 222000 shares, and reported net income of $326480 for calendar 2023. Basic earnings per share for 2023 would be

Select answer from the options below

$0.78.

$2.94.

$1.47.

$1.06.