Apex Corporation is considering the purchase of Pinnacle Company in a stock$-$tor$-$stock exchange. Selected data on the two companies are shown in the tollowing

table:

Assume that there are immediate synergistic benefits of $$7$ million if Apex and Pinnacle merge. Determine EPS for the combined company if Apex offers a $($Round your

answers to three decimal places$)$:

a$.30$ percent premium for Pinnacle

$

b$.50$ percent premium for Pinnacle

$

c$.70$ percent premium for Pinnacle

$