Trust

Corporation reported the following financial statements:

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(Click the icon to view the financial statements.) The company has

2,600

shares of common stock outstanding. What is

Trust's

earnings per share? (Round the earnings per share to two decimal places, X.XX.)

A.

$1.42

B.

2.45

times

C.

$2.54

D.

$

Trust Corporation
Comparative Balance Sheet
December 31, 2019 and 2018
	2019	2018
Assets
Current Assets:
Cash and Cash Equivalents	$2,197	$1,842
Accounts Receivable	1,948	1,753
Merchandise Inventory	1,332	1,064
Prepaid Expenses	1,687	1,868
Total Current Assets	7,164	6,527
Other Assets	18,135	14,625
Total Assets	$25,299	$21,152
Liabilities
Current Liabilities	$7,324	$8,478
Long-term Liabilities	4,518	3,915
Total Liabilities	11,842	12,393
Stockholders' Equity
Common Stock, no par	6,357	2,359
Retained Earnings	7,100	6,400
Total Stockholders' Equity	13,457	8,759
Total Liabilities and Stockholders' Equity	$25,299	$21,152

Trust Corporation
Income Statement
Year Ended December 31, 2019
Net Sales Revenue	$20,361
Cost of Goods Sold	7,188
Gross Profit	13,173
Operating Expenses	6,557
Operating Income	6,616
Interest Expense	189
Income Before Income Taxes	6,427
Income Tax Expense	2,738
Net Income	$3,689