Refer to the income statement above. For the year ending December 31, 2006 Luther's earnings per

share is closest to

O $0.51

O $1.03

O $0.82

O $1.23

2005 578.3 -481.9 96.4 Luther Corporation Consolidated Income Statement Year ended December 31 (in $millions) 2006 Total sales 610.1 Cost of sales -500.2 Gross profit 109.9 Selling, general, and administrative expenses -40.5 Research and development -24.6 Depreciation and amortization -3.6 Operating income 41.2 Other income Earnings before interest and taxes (EBIT) 41.2 Interest income (expense) -25.1 Pretax income 16.1 Taxes -5.5 Net income 10.6 -39.0 -22.8 -3.3 31.3 31.3 - 15.8 15.5 -5.3 10.2 Price per share Sharing outstanding (millions) Stock options outstanding (millions) $16 10.3 0.4 $15 8.0 0.1 Stockholders' Equity Total Liabilities and Stockholders' Equity 126.6 533.1 63.6 386.7