3. At January 1, 2017 the Leon White Company had 400,000 shares of common stok outstanding. The only 2017 com 2017 when White sold an additional 100,000 shares. Net income for 2017 was $2.565,000 related transaction occurred on November 1 the income tax rate was 40%. White had the following securities on its books for the year ended December 31, 2017: (a) 20,000 shares of $100 par 10% nonconvertible, cumulative preferred stock. Stock was to sold at 102. Mo ,sumur ar prived Stol Dividna (b) 30,000 shares of 8% convertible, cumulative preferred stock, par S100, sold at 110. Each share of preferred stock is convertible into two shares of common. je) S2 face value of 8% nonconvertible bonds payable sold at par (d) $3,000,000 face value of 6% convertible bonds payable sold at par. Each suwb $1,000 bond is convertible into 20 shares of common. Dot oftea ees,yes do D (e) Options to purchase 10,000 common stock shares were issued Jan. 1, 2017. Option price was S30 per share; market value at end of year, $40, average market value Jan. 1 to December 31, 2017, S35 ViurrL Compute the required EPS figure(s) for 2017