QUESTION 4 Rita Corp.'s comprehensive income for its year ended December 31, 20X7, totaled $300,000 ($250,000 net income + $50,000 other comprehensive income = $300,000 comprehensive income). The company had 100,000 common shares outstanding from January 1, 20x7, to June 30, 20x7. On July 1, 20x7, the company declared and distributed a 20% stock dividend. There were no other changes to the outstanding common shares during the 20x7 fiscal year. What was Rita's basic EPS for its year ended December 31, 20X7? O $2.08 O $2.27 O $2.50 $2.73