Mississauga Mining Co$.$ made a net income of $$25$ million in $2007,$ after the deduction of amortization expense of $$8$ million, interest of $$5$ million and taxes of $$10$ million. During $2007,$ it issued new shares for $$15$ million and used the proceeds to repay loans of $$10$ million; the remainder went into the bank's current account. The retained earnings brought forward at the start of $2007$ were $$60$ million. There were $125,000$ ordinary shares in issue at the end of $2007.$ The earnings per share were

$$520$

$$480$

$$400$

$$200$

none of the above