Company ABC needs 200,000$. Company decided to borrow 80,000 $ at 8% interest rate and sale equity shares at price of 20$ per share to earn 120,000$. Earning before interest and tax are estimated to be 25,000$. The tax rate is 50%. Calculate the earning per share. Select one: 0 a. 3.05 O b. 155 O c. 1.70 O d. 1.36