Boston Lumber is unlevered with $305$ shares outstanding and earnings before interest and taxes, or EBIT, of $675.$ Corporate earnings are taxed at a rate of $31\%.$ Suppose that Boston Lumber makes a decision to partition its assets into debt and equity by using the newly raised debt capital to buy back a portion of the stock. The firm issues $$1450$ of debt at a cost of $8\mathrm{.}85\%.$ The partition does not change EBIT but reduces the number of shares outstanding to $230.$ Which of the following is Boston Lumber's EPS after the partition?

$$2\mathrm{.}93$

$$1\mathrm{.}24$

$$1\mathrm{.}53$

$$1\mathrm{.}64$