Sales $ 400,000 N00218 Variable Costs -240,000 Gross Profit 160,000 Fixed Costs -80,000 EBIT 80,000 Interest Expense -20,000 EBT 60,000 Tax (40 %) -24,000 NPAT 36,000 Number of c/S 20,000 Earning per share S 1.80 Each item of inventory Sona produces has a selling price of $ 40. If the firm's sales are expected to increase by 20 % next year, what will the firm's earnings per share expected to be? A) $ 2.76 B) $ 5.90 C) $ 4.28 D) $3.46 E) $ 6.20