Sweet Clover Company's weighted average number of outstanding shares is 420,000 . Sweet Clover has issued 470,000 shares of common stock and is authorized to issue 520,000 shares of common stock. The company holds 70,000 shares of treasury stock. During the current year, Sweet Clover reported net income of $1,200,000. What is Sweet Clover's earnings per share (EPS)? Multiple Choice $3.43 $2.55 $2.31 $2.86