1) Mane, Inc., had the following capital structure at yr-end 12/31/200: B/P (4%, issued 1/2/20A; each $1,000 B/P convertible into 40 shs C/S); none convert during 20C): $ 600,000 c/S ($5 par, 367,500 shs issued & outstanding) $1,837,500 Paid in capital C/S $1,210,000 P/S, (3.5%, $50 par, 25,000 shs outstanding, non-convertible $1,250,000 Paid in capital P/S 120,000 R/E $3,250,000 *The number of C/S shares above is consistent with the weighted average # of shs *(50,000 stock options are outstanding; option price: $12.00 1 sh per option; exercisable any time before 12/31/20E) Related market prices & other data: Average c/S stock price for 20C: $16.00 NI for year: $840, 250 Average tax rate: .25 Required: a) Compute basic EPS for 20C (Label your work, please): b) i. Please determine whether any of the above securities are c/S equivalents dilutive), including incremental or other tests as appropriate. Stock options (T/S method) : ii. Bonds Payable: iv) Please compute fully diluted EPS for 20C; show your work, please: 1) Mane, Inc., had the following capital structure at yr-end 12/31/200: B/P (4%, issued 1/2/20A; each $1,000 B/P convertible into 40 shs C/S); none convert during 20C): $ 600,000 c/S ($5 par, 367,500 shs issued & outstanding) $1,837,500 Paid in capital C/S $1,210,000 P/S, (3.5%, $50 par, 25,000 shs outstanding, non-convertible $1,250,000 Paid in capital P/S 120,000 R/E $3,250,000 *The number of C/S shares above is consistent with the weighted average # of shs *(50,000 stock options are outstanding; option price: $12.00 1 sh per option; exercisable any time before 12/31/20E) Related market prices & other data: Average c/S stock price for 20C: $16.00 NI for year: $840, 250 Average tax rate: .25 Required: a) Compute basic EPS for 20C (Label your work, please): b) i. Please determine whether any of the above securities are c/S equivalents dilutive), including incremental or other tests as appropriate. Stock options (T/S method) : ii. Bonds Payable: iv) Please compute fully diluted EPS for 20C; show your work, please