The dividend policy of Berkshire Gardens Inc. can be represented by a gradual adjustment to a target dividend payout ratio. Last year Berkshire had earnings per share of \($3.00\) and paid a dividend of \($0.60\) a share. This year it estimates earnings per share will be \($4.00\). Find its dividend per share for this year if it has a 25% target payout ratio and uses a five-year period to adjust its dividend.

A. \($0.65\).

B. \($0.80\).

C. \($0.85\).