A company has convertible preferred stock. In computing diluted earnings per share, the numerator increased by $100,000 and the denominator by 50,000 shares. Which of the following statements is correct? a. If the basic EPS is less than $2.00, the preferred shares will be dilutive. b. If the basic EPS is greater than $2.00, the preferred shares will be dilutive. c. Preferred shares will be dilutive regardless of how much the basic EPS is. d. Preferred shares will be anti-dilutive regardless of how much the EPS is basic.