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Cullumber Co . had net income for 2 0 2 5 of $ 6 0 4 0 0 0 . The average number of shares

Cullumber Co. had net income for 2025 of $604000. The average number of shares outstanding for the period was 197000 shares. The average number of shares under outstanding options, at an option price of $30 per share, is 11700 shares. The average market price of the common stock during the year was $36. What should Cullumber report for diluted earnings per share for the year ended 2025?
A. $3.04
B. $2.92
C. $2.89
D. $3.07
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