Cottonwood Company has net income of $600,000. It had 500,000 shares of common stock throughout 2015. It also had 50,000 shares of convertible preferred stock. Each share pays an annual dividend of $3 and each preferred share can be converted into 4 shares of common stock. Cottonwood also had 20,000 stock options outstanding. Each option can be used to purchase a share of common stock at $22 per share. The average market price of common stock for 2015 was $20. The company also has $200,000 of 8% convertible bonds. Each $1,000 bond can be converted into 20 shares of common stock. No conversion took place during 2015; however, the preferred stock, options, and bonds all could have been converted any time during the year. Cottonwood's tax rate is 45%. $200,000 of cash dividends were declared and paid during the year.

Which of the following would be considered antidilutive [mark all that apply]?

-The preferred stock

-The stock options

-The bonds