GoozEllenJefferson (GEH) is a levered firm with assets valued at $800,000, has $200,000 of debt issued at 5.5% interest, and 10,000 shares of stock outstanding. Earnings before interest and tax (EBIT) is $25,000 and corporate profit is subject to a tax rate of 25%. Which of the following comes closest to the EPS of GEH?

$0.75

$1.88

$1.00

$1.05