A company had $130,000$ shares of common stock outstanding on January $1$ and sold $30,000$

additional shares on March $30.$ Net income for the year was $$495,625.$ What are earnings per

share?

a$.$ $$3\mathrm{.}10$

b$.$ $$3\mathrm{.}25$

c$.$ $$4\mathrm{.}58$

d$.$ $$4\mathrm{.}96$