5. The following information is presented for Alice Corporation: Preferred stock, RM 10 par, 6% cumulative, 30,000 shares issued and outstanding Common stock, RM 5 par, 100,000 shares issued and outstanding Net income RM 300,000 RM 500,000 RM 400,000 The company paid a cash dividend on preferred stock. Required: Determine the basic EPS of this company (4 marks) (Total 25 marks)