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Loredo Company's net income for 2022 is $50,000. The only potentially dilutive securities outstanding were 1,000 options, outstanding all year, each exercisable for one share

Loredo Company's net income for 2022 is $50,000. The only potentially dilutive securities outstanding were 1,000 options, outstanding all year, each exercisable for one share at $6. None have been exercised, and 10,000 shares of common were outstanding during 2022. The average market price of Loredo's stock during 2022 was $10. DEPS for 2022 is, to the nearest cent: Select one: a. $4.81 O b. $4.55 C. $4.72 O d. $4.95 O e. $4.87

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