Revival Corporation provides the following information.

	March 31, 2016	March 31, 2017
Net Income	$360,000	$424,500
Preferred Dividends	0	0
Total Stockholders' Equity	$4,350,000	$5,092,000
Stockholders' Equity attributable to Preferred Stock	0	0
Number of Common Shares Outstanding	275,464	200,168

Based on the information provided above, compute the earnings per share of Revival Corporation as of March 31, 2017. (Round any intermediate calculations and your final answer to the nearest cent.)

A.

$2.12

B.

$1.78

C.

$1.51

D.

$ 1.31