WAZY declared and paid cash dividends in January of the current year to its common shareholders. The dividend

Select one:

a.

will be added to the numerator of the earnings calculation per share for the current year.

b.

will be added to the denominator of the earnings per share calculation for the current year.

c.

will be subtracted from the numerator of the earnings per share calculation for the current year.

d.

will be subtracted from the denominator of the earnings per share calculation for the current year.

e.

has no effect on the earnings per share for the current year.