Baznik Company provided the following information for the current year. Net income is $8,112,500, and the company is subject to a 30% tax rate. For the entire year, there are 1,020,200 shares of outstanding common stock with an average market price of $30 per share. (Click the icon to view the additional information.) Read the requirements. Requirement a. Based on the information provided, compute basic and diluted earnings per share (EPS) for the current year. Include all computations related to the application of antidilution sequencing. Begin by calculating the incremental income per share on each of the potentially dilutive securities and ranking their order of entry into the EPS computation. (Complete all input fields. Enter a "0" for any zero balances. Round the incremental income per share amounts to the nearest cent, $X.XX.) Increase in the Rank Order of Incremental Potentially Dilutive Security Employee options Convertible preferred stock Convertible debt Increase in Income Number of Common Shares Income per Share Entry into the EPS Computation Requirements a. Based on the information provided, compute basic and diluted earnings per share for the current year. Include all computations related to the application of antidilution sequencing. b. Prepare the required income statement disclosures beginning with net income. Print Done