Ahnberg Corporation had 760,000 shares of common stock issued and outstanding at January 1. No common shares were issued during the year, but on January 1, Ahnberg issued 380,000 shares of convertible preferred stock. The preferred shares are convertible into 760,000 shares of common stock. During the year Ahnberg paid $228,000 cash dividends on the preferred stock. Net income was $3,040,000 What were Ahnberg's basic and diluted earnings per share for the year? (Round your answers to 2 decimal places.) Basic EPS Diluted EPS