Gorilla Glue Company reported Net Income of $15,900 for 2017. Assuming a tax rate of 30% and the following detail regarding their capital structure, calculate both Basic & Diluted EPS for 2017.

1) 6% convertible bonds: $30,000 outstanding for the entire year (the bonds were originally issued for $32,000, a price that yielded 5.375%). Bond interest expense of $1,720 was recorded in 2017; premium of $80 is being amortized each year. Each $1,000 bond is convertible into 19 shares of common.