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Firm A is analyzing the possible acquisition of Firm T. Firm A currently has earnings of $910,420 and 266,689 shares outstanding. Firm T currently has

Firm A is analyzing the possible acquisition of Firm T. Firm A currently has earnings of $910,420 and 266,689 shares outstanding. Firm T currently has earnings of $239,100 and 71,730 shares outstanding. If Firm A offers 1 of its shares for every 7.0 of Firm T's shares, what will be Firm A's earnings per share after the acquisition?

options: $3.74 $3.84 $3.94 $4.05 $4.15

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