Question 2 (1 point) Rockwell Paper Company had earnings after taxes of $780,000 in the year 2007 with 500,000 shares outstanding. On January 1, 2008, the firm issued 30,000 new shares. Because of the proceeds from these new shares and other operating improvements, earnings after taxes increased by 20 percent. What are the earnings per share for the year 2008? O a) None of these Ob) $1.62 Oc) $2.21 d) $1.77 e) $1.44