Freewheelers, Inc. has four potentially dilutive securities. Net income for the year is $5,600,000 and the weighted average common shares outstanding is 1,000,000 shares. Freewheelers did not have any discontinued operations. Computation of the antidilution sequencing recorded the following: Security Convertible Preferred Stock Stock Warrants Stock Options Convertible Bonds Increase in Income $50,000 $0 $0 $200,000 Increase in Common Shares 20,000 40,000 10,000 100,000 Compute basic EPS. Determine the order of entry into the EPS computation. Compute final diluted EPS and show all computations.