Layline Company had net income of E480,000 and paid dividends of E100,000 to ordinary shareholders in 2021. Layline Company's ordinary shareholders' equity at the beginning and end of 2021 was E1,740,000 and E2,260,000, respectively. There are 400,000 weighted-average ordinary shares outstanding. Layline Company's earnings per share for 2021 was a. E6.20 b. E1.20 C. E5.00 d. E1.25