c) Selected operating information from a firm's 20X2 financial statements is - cost of goods sold =100 - gross profit margin =60% - EBIT margin =30% - effective tax rate =20% The firm's capital structure is - 150 par value of long-term debt with 10% annual coupons - 50 preferred shares outstanding on January 1 , with a 6% dividend rate and par value of 3.00 each - 100 common shares outstanding on January 1,20X2, with market price of 5.00 each - 25 common shares issued on April 1, 20X2, at 5.40 each - 15 common shares repurchased (Treasury shares) on October 1,20X2, at 5.60 each The firm pays shareholder dividends of 0.20 per common share on May 15,20X2. Interest expense and preferred dividends are paid when due. If the firm pays a 20% stock dividend (0.2 new shares for each share owned) on November 15,20X2, what is basic EPS in 20X2