New Hampshire Services reported $$2\mathrm{.}3$ million of retained earnings in $2004.$ In $2005,$ the company lost $$500,000($net income $=-$$$500,000).$ Despite the loss, the company still paid a $$1\mathrm{.}00$ per share dividend. The company's earnings per share in $2005$ were $-$$$2\mathrm{.}50.$ How much retained earnings did the company have in $2005?$

Question $1$ options:

$$1\mathrm{.}2$ million

$$1\mathrm{.}6$ million

$$1\mathrm{.}8$ million

$$2\mathrm{.}6$ million

$$2\mathrm{.}8$ million