Alciatore Company reported a net income of $150,000 in 2018. The weighted-average number of common shares outstanding for 2018 was 40,000. The average stock price for 2018 was $33. Assume an income tax rate of 40%. Required For each of the following independent situations, indicate whether the effect of the security is antidilutive for diluted EPS 10,000 shares of 7.7% of $100 par convertible, cumulative preferred stock. Each share may be converted into two common shares. 8% convertible 10-year, $500,000 of bonds, issued at face value. The bonds are convertible to 5,000 shares of common stock. 3. |Stock options exercisable at $30 per share after January 1, 2020 Warrants for 1,000 common shares with an exercise price of $35 per share. A contingent agreement to issue 5,000 shares of stock to the company president if net income is at least $125,000 in 2019