Josiah, Inc. provides the following information for 2017:

Net income	$350,000
Market price per share of common stock	$50 per share
Dividends paid	$180,000
Common stock outstanding at Jan. 1, 2017	160,000 shares
Common stock outstanding at Dec. 31, 2017	250,000 shares

The company has no preferred stock outstanding. Calculate the earnings per share for 2017. (Round your answer to two decimal places.)

A.$2.19 per share

B.$0.83 per share

C.$1.71 per share

D.$1.40 per share