Colselo has 200.000 common share outstanding for the year and net income of $400,000. It has 20,000 stock options and 20,000 shares of $100, 6% cumulative preferred stock, both of which were outstanding for the entire year, Compute basic and diluted EPS. A. basic EPS $140; diluted EPS $1.67 B. basic EPS $2.00; diluted EPS $1.27 C. basic EPS $2.00; diluted EPS $1.67 D. basic EPS $1.40; diluted EPS $1.27