Given a text T, and several options, according to the question posed in the text T to choose the most appropriate option from the options as the answer, please directly output the most appropriate option, do not need to output the explanation.

Laurelli Builders (LB) reported the following financial data for year-end 31 December: Common shares outstanding, 1 January 2,020,000Common shares issued as stock dividend, 1 June 380,000Warrants outstanding, 1 January 500,000Net income $3,350,000Preferred stock dividends paid $430,000Common stock dividends paid $240,000Which statement about the calculation of LB’s EPS is most accurate?
Option A:LB’s basic EPS is $1.12.
Option B:LB’s diluted EPS is equal to or less than its basic EPS.
Option C:The weighted average number of shares outstanding is 2,210,000.

Answer: B