For the year ended 31 December 2012 Skyline Products reported net income of 1,300,000. At the beginning of that fiscal year, the company had 750,000 shares of common stock outstanding. On 1 April 2012, the company repurchased 150,000 common shares. That year the company also paid its common shareholders dividends in the amount of $325,000. What was the basic EPS Skyline reported on its income statement for 2012? 2.17. 2.04. O 1.53