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Find the basic Earnings Per Share (EPS) for 2020. Question 3: I You are presented with the following information as of December 31, 2020:

Find the basic Earnings Per Share (EPS) for 2020. Question 3: I You are presented with the following information as of December 31, 2020: Net income: $900,000 Number of common shares: 700,000 Number of convertible bonds: 10,000 Common shares issuable on conversion: 6 Face value of par bond at issue: $1,000 Coupon of convertible bonds: 0% (zero coupon) Find the diluted Earnings Per Share (EPS) for 2020.

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