Assume the following data relative to ABC Corporation for 2016 is available: 8% cumulative preferred Stock Sold at par, convertible into 200,000 shares as adjusted for stock split $1,000,000 Exercisable at the option price of $25 per share. $30 average market price in 2016, $20 year end market price (market price and option price adjusted for stock split) In computing Basic EPS what are the weighted shares outstanding a. 726, 667 b, 1,000,000 c. 920,000 d. 760,000 In computing Diluted EPS what are the weighted shares outstanding: a. 930,000 b. 1, 130,000 c. 1, 1, 20,000 d. 1, 400,000 In computing Diluted EPS if preferred stock is converted into common stock, what its impact on per share basis? a. 40 b. 80 c. 1.20 d. 60 What is Diluted EPS per share? a. 1.43 b. 1.57 c. 1.17 d. 1.24