With a net income of $$2,254,700$ and $1\mathrm{.}5$ million shares outstanding, Calliope Ind has a market price of $$35\mathrm{.}79$ per share. Management plans to repurchase $250,000$ shares in the near future. Once the buyback has been completed, the EPS for Calliope will be closest to:

Question $1$ options:

A$)$

$$1\mathrm{.}50.$

B$)$

$$1\mathrm{.}29.$

C$)$

$$1\mathrm{.}80.$