MWF Corp.'s capital structure includes 3,000,000 no par value common shares; $1,000,000, 4%, cumulative preference shares in Class A; and $2,000,000, 4.5%, non- cumulative preference shares in Class B. Additional information from the company's financial records for the year ended December 31, 20X7, follows: Profit for the year ended December 31, 20X7 $1,000,000 Other comprehensive income (OCI) for the year ended Dec. 31, 20X7 $10,000 Comprehensive income for the year ended Dec. 31, 20X7 $1,010,000 Dividends on common shares Declared in 20X7 $50,000 Paid in 20X7 $50,000 Dividends on Class A preference shares Declared in 20X7 $80,000 Paid in 20x7 $ 100,000 Dividends on Class B preference shares Declared in 20X7 $70,000 Paid in 20X7 $130,000 What is the profit or loss that would be included in the numerator of the basic EPS calculation for the year ended December 31, 20X7? O a. $850,000 Ob. $890,000 Oc. $900,000 Od. $770,000