Computing EPS: Restricted Stock Awards West Inc. granted 3,000 shares of restricted common stock shares at the beginning of 2020 to company managers that will vest after 4 years of service. Net income for the year is $252,000, and 150,000 common shares were outstanding the entire year. The fair value of the shares on January 1, 2020, is $25 per share. The average market price of common shares in 2020 is $25 per share. a. Compute basic earnings per share. b. Compute diluted earnings per share. Note: Enter the earnings per share amounts in dollars and cents, rounded to the nearest penny. Net Income Available to Weighted Avg. Common Common Stockholders Per Share Shares Outstanding Basic EPS $ 252,000 150,000 $ 1.68 Diluted EPS $ 252,000 0 x $ 0 x