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Lone Start Golf, Inc. provides the following information for 2020. Net Income $409,500 Market price per share of Common Stock $60 per share Dividends paid

Lone Start Golf, Inc. provides the following information for 2020. Net Income $409,500 Market price per share of Common Stock $60 per share Dividends paid to Common Stock holders $180,000 Common Stock outstanding at Jan. 1 2020 190,000 shares Common Stock outstanding at Dec. 31 2020 200,000 shares There is no preferred stock outstanding. Calculate the earnings per share for 2020.

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1.18

1.95

$2.10

2.00

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