At December 31,2018, Hansen Corporation had 49,000 shares of common stock and 4,200 shares of 11%, $100 par cumulative preferred stock outstanding. No dividends were declared or paid in 2018. Net income was reported as $180,000. What is basic EPS? (Round your answer to 2 decimal places.) points Mult ple Choice 00 4838 O. $338 3.38. $4.02 2.73 . In 2018, due to a change in marketing forecasts, Barney Corporation reduced the projected life of its patent for producing round dice. The cumulative ie patent amortization prior to 2018 would have been $10 milion higher had the new life been used. Barney's tax rate is 35%, Barney's retained earnings as of December 31, 2018, would be (Round million answer to 2 decimal places.) points Multiple Choice 004818 Overstated by $3.,50 miltion Oversteted by $6.50 mion Overstated by $10 miion Unaflected