A company has reported the following information at the end of 2018: Common Equity Common shares outstanding at January 1, 2018 Common shares issued on March 1, 2018 Common shares repurchased on August 1, 2018 Stock dividend on July 1, 2018 Stock options (exercise price = $28) Average market price of common shares Income Statement Net Income Preferred Dividends (60% of its preferred stocks are convertible into 48 million common shares) Common Dividends 100 million 50 million 20 million 25% 60 million $36 $400 million $80 million $75 million Compute the company's basic and diluted EPS