A firm issued
$300,000	8%	bonds (at face value) convertible into			4,000	of the firm's common shares
3,000	$30	cumulative preferred shares each convertible into				3	common share
The tax rate is	30%
The firm had earnings		$300,000
There was	60,000	common shares outstanding the entire year.

Compute for basic Eps and Diluted Eps and show your solution