Strauch Co. has one class of common stock outstanding and no other securites that are potentially convertible into common stock.  During 1989, 100,000 shares of common stock were outstanding.  In 1990, two distributions of additional common shares occured: On April 1, 20,000 shares of treasury stock were sold, and on July 1, a 2-for-1 stock split was issued.  Net income was $410,000 in 1990 and $350,000 in 1989.  What amounts should Strauch report as EPS in it 1990 and 1989 comparative income statements?

Answer: b) $1.78 in 1990 and $1.75 in 1989

I understand the $1.78 but am confused on the $1.75...is it the fact that comparatives were presented?