Collins Corp.'s capital structure was as follows: December 31 Year 4 Year 5 Outstanding shares of stock: Common 100,000 100,000 Convertible preferred 10,000 10,000 9% convertible bonds $1,000,000 $1,000,000 During Year 5. Collins paid dividends of $3 per share on its preferred stock. The preferred shares are convertible into 20,000 shares of common stock, and the 9% bonds are convertible into 30,000 shares of common stock. Assume that the income tax rate is 30% If net income for Year 5 is $250,000. Collins should report DEPS as O $2.92 $2.09 O $2.20 $2.18