Lutner Corporation Consolidated Income Statement Year ended December 31 (in $millions) 2006 2005 Total sales 610.1 578.3 Cost of sales - 500.2 - 481.9 Gross profit 109.9 96.4 Selling, general, and administrative expenses - 40.5 - 39.0 Research and development - 24.6 - 22.8 Depreciation and amortization Operating income Other income - 3.3 - 3.6 41.2 31.3 Earnings before interest and taxes (EBIT) Interest income (expense) 41.2 31.3 - 25.1 - 15.8 Pretax income 16.1 15.5 - 5.5 - 5.3 Taxes Net income 10.6 10.2 $16 $15 Price per share Sharing outstanding (millions) Stock options outstanding (millions) 10 7.5 0.2 0.3 Stockholders' Equity 126.6 63.6 Total Liabilities and Stockholders' Equity 533.1 386.7 is closest Refer to the income statement above. Fo year ending December 31, 2006 Luther's earnings per A. $0.53 B. $1.06 C. $0.85 D. $1.27