Company $x$ has a complex capital structure including $100$ shares of convertible preferred stock with a par value of $$1000,$ which pay a dividend of $3\%$ of par value. Each share of convertible preferred stock can be converted to $200$ common shares. The company also has $700,000$ common shares outstanding. Net income for the past year was $$500,000.$ The tax rate is $30\%.$ What is the basic and diluted EPS? Round to $3$ decimal places.