Calculate the income effect on the incremental EPS for the following instrument: Convertible bonds outstanding, yield of 6% and coupon rate of 6% $2,000,000 Issue date January 1, 2021 Maturity date December 31, 2028 Conversion rate for each $1,000 bond 20 ordinary shares Income tax rate 25% O A. $40,000 B. $90,000 O C. $2.25 OD. $0.75