Nintendo Company produces a popular video game called FIFA, which sells for $32. Last year Nintendo sold 50,000 FIFA games, each of which costs $6 to produce. Nintendo incurred selling and administrative expenses of $80,000 and amortization expense of $10,000. In addition, Nintendo has a $100,000 loan outstanding at 12%. Its tax rate is 40%. There are 100,000 common shares outstanding.

Calculate EPS

a) $7.19

b) 9.50

c)$4.85

d)$6.20