See Table 2.5 showing financial statement data and stock price data for Mydeco Corp. Suppose Mydeco repurchase 2.1 million shares each year from 2016 to 2019. What would be its earnings per share in 2019? (Assume Mydeco pays for the shares using its available cash and that Mydeco earns no interest on its cash balances.) A. A repurchase does not impact earnings directly, so any change to EPS will come from a reduction in shares outstanding. 2019 shares outstanding =56.8 million 42.1 million =48.4 million, EPS =$29.2 million /48.4 million =$0.60. B. A repurchase does not impact earnings directly, so any change to EPS will come from an increase in shares outstanding. 2019 shares outstanding =56.8 million +42.1 million =54.7 million, EPS =$15.1 million /54.7 million =$0.28. C. A repurchase does not impact earnings directly so any change to EPS will come from a reduction in shares outstanding. 2019 shares outstanding =56.8 million 42.1 million =48.4 million, EPS=$15.1 million /48.4 million =$0.31. D. A repurchase does not impact earnings directly, so any change to EPS will come from an increase in shares outstanding. 2019 shares outstanding =56.8 million +42.1 million =54.7 million, EPS =$29.2 million /54.7 million =$0.53