For the year ended 31 December 20X7, Daffy Daisy Donut Corp. (DDD) had earnings from continuing operations of $6,500,000 before taxes and a loss on discontinued operations of $2,520,000 before tax. DDD pays income tax at an average rate of 25%. DDD had the following items and occurrences regarding its capital structure in 20X7:
a. 600,000 common shares issued and outstanding during the entire year; the shares carry one vote each.
b. 7,000 preferred shares issued to a private equity firm on 1 July for cash. The shares carry a cumulative dividend of $15 per share per year. These preferred shares carry four votes per share. On 31 December 20X12, the preferred shares mandatorily convert to five shares of common for each share of preferred.
c. $90,000 in convertible bonds maturing in 20X13. The bonds are convertible into common shares at a conversion rate of $20 (that is, five shares per $100 or 50 shares per $1,000).
Interest expense on the convertible bonds was $7,200 for the year. 

d. 2,000 options issued to senior managers, exercisable for common shares at $22. The average market price of the common shares was $20 during 20X7.

Required:
1. Determine the individual effect on EPS for each any of the potentially dilutive items in DDD’s capital structure.
2. Determine all earnings per share amounts that DDD should report in its financial statements for 20X7.