1-Woof Woof Woof Co. has 10,000 shares of common stock outstanding for the whole year in addition to having earned $500,000 in net income and having paid $12,000 in preferred dividends. The company has $1,000,000 (1,000 bonds at $1,000 each) worth of 8% bonds each convertible to 15 shares of common stock

Calculate the basic and diluted EPS figure