A parent company and its $100\%$ owned subsidiary have only common stock outstanding and neither company has any potentlally dilutive securities$.$ Assuming, the net income of the

parent Includes is Equity in Income of the Subsidiary, the equation to compute EPS is:

Multiple Choice

$($Net income of parent $-$ net income of subsidiary$)$ total shares of stock for the parent and subsidiary

$($Net income of parent $-$ net income of subsidiary$)$ total shares of stock of parent

Net income of parent $+$ total shares of stock for the parent and subsidiary

Net income of parent $+$ total shares of stock for the parent

$($Net income of parent $/$ total shares of parent$)-($net income of subsidiary $$ total shares of stock for the subsidiary$)$