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15. (5 points) Throughout 2020,H had 1,500,000 shares of common stock issued and outstanding and 100,000 shares of 5%, $100 par value cumulative preferred stock

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15. (5 points) Throughout 2020,H had 1,500,000 shares of common stock issued and outstanding and 100,000 shares of 5%, $100 par value cumulative preferred stock issued and outstanding. H's net income for 2020 was $9,800,000. During 2020 H neither declared nor paid any kind of dividend. H's income tax rate is 25%. - During the entire year ending 12-31-20, H had 750,000 outstanding and exercisable employee stock options that were granted to employees during 2018. Each option has an exercise price of $40 per share of H common stock. During 2020 , the average market price of H's common stock was $48 per share. - As of 12-31-20, H had $4,000,000 of 6%,15-year convertible bonds. H issued the bonds at par during 2015 . The bonds can be cyinverted into 20,000 shares of H's common stock. - As of 12-31-20, H had $10,000,000 of 10%,40-year convertible bonds. H issued the bonds at par during 2001 . The bonds can be converted into 200,000 shares of H's common stock. What will H report as basic EPS for the year ended 12-31-20? ROUND TO NEAREST PENNY. What will H report as diluted EPS for the year ended 12-31-20? ROUND TO NEAREST PENNY

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