2018 Financial details for XYZ Corp.s EPS calculation Net Income - $800,000 Preferred Stock $100 par, 5%, 10,000 shares outstanding Convertible Bonds - $50,000, 7% stated rate (each 1,000 bond can be converted into 100 shares of common stock) Common Stock Options outstanding 4,000 options, exercise price is $3/share, Average Market Price per share in 2018 was $5. XYZs tax rate is 40% Weighted Average number of common shares in 2018 is 75,000 Instructions: Determine Basic EPS Determine Diluted EPS