3. In 2001 Our Company had Net Income of $825.000 On 1/1/21, there were 250,000 shares of common stock outstanding, On 4/1/21, we issued 54,000 shares of common stock. On 6/1/21, we issued 36,000 shares of $100 par value, 6% cumulative preferred stock. This preferred stock is convertible into 22,000 shares of common stock On 9/1/21, we issued $9,000,000 of 4% bonds at par. These bonds are convertible into 60,000 shares of common stock. The marginal tax rate is 30N In addition, there are 130,000 options outstanding at 12/31/21. Each option entities the holder to exchange it for 1 share of common stock at an exercer price of $22 per share The average market prior for common stock for 202L was $60. Be sure to show your calculations! Answers Required: How much is Basic Earnings Per Share? How much is Oduted Earnings Per Share