In 2025, Crane Corporation reported a discontinued operations loss of $808000, net of tax. It declared and paid preferred stock dividends of $80800 and common stock dividends of $321700. During 2025, Crane had a weighted-average of 400000 common shares outstanding. As a result of the discontinued operations loss, net of tax, the earnings per share would decrease by

a. $2.02.

b. $1.82.

c. $1.22.

d. $1.00.