ge 1: 2 Question 2 (7 points) Assume all of the same facts from the above question except: 2: - 20,000 preferred shares were converted into common shares on September 30, 2020, after the quarterly dividend was declared 5 ignore any stock dividend 7 Required: Quantify the incremental change on both Basic and Diluted EPS for the above. Ensure you calculate the impact on both the numerator and the denominator. Use the space provided to show the work in the appropriate places. All calculations must be shown for full marks 10 Ensure you periodically click outside of your response box to ensure your work is being saved regularly. You can copy (Ctrl + c) and paste text (Ctrl + Shift + v) If you delete something by mistake, you can undo (Ctrl + z) Format