Calculating EPS and Multiple Securities At the end of 2020, the records of Wolverine Corporation reflected the following. $700,000 Common stock, $10 par; authorized 140,000 shares: issued and outstanding throughout the year, 70,000 shares Preferred stock, $50 par, 7%, cumulative, convertible into common stock, share for share; authorized, 14,000 shares; issued and outstanding throughout year, 2,800 shares Contributed capital in excess of par, common stock Retained earnings (no dividends declared during the year) Bonds payable, 10% nonconvertible, issued at par in 2016 Net income Stock options outstanding (all year for 14,000 shares of common stock at $15 per share) Income tax rate, 25% Average market price of the common stock during 2020, $25 per share 140,000 112,000 658,000 210,000 180,000 Required a. Is this a simple or a complex capital structure? b. Compute the required EPS amounts. Note: Round earnings per share amounts to two decimal places. Note: If an amount is not required, leave the answer blank (zero). Per Share Net Income Available to Weighted Avg. Common Common Stockholders Shares Outstanding Basic EPS $ Diluted EPS $ $