Question 26 Incorrect Loredo Company's net income for 2017 is $50,000. The only potentially dilutive securities outstanding were 1,000 options, each exercisable for one share at $6. None have been exercised, and 10,000 shares of common were outstanding during 2017. The average market price of Loredo's stock during 2017 was $10. The 1,000 options were issued on October 1, 2017. DEPS for 2017 is: 0.00 points out of 3.00 P Flag question 0 0 Select one: a. $4.81 x b. $4.55 c. $4.72 d. $4.95 e. $4.87 0 0 0 0 0 The correct answer is: $4.95