Hi please help with my question Computing EPS Simple Capital Structure At the end of 2020, the records of Block Corporation reflected the following Common stock, $5 par, authorized 500,000 shares Outstanding January 1, 2020, 400,000 shares $2,000,000 Sold and issued April 1, 2020, 2,000 shares 10,000 Issued 5 stock dividend, September 30, 2020 20,100 shares 100,500 Preferred stock, 6 , $10 par, nonconvertible, noncumulative, authorized 50,000 share Outstanding during year, 20,000 shares 200,000 Paid in capital in excess of par, common stock 180,000 Paid in capital in excess of par, preferred stock 100,000 Retained earnings (after the effects of current preferred dividends declared during 2020) 640,000 Bonds payable, 6 5 , nonconvertible, issued at par January 1, 2020 1,000,000 Net income 164,000 Income tax rate, 25 a Compute the required EPS amount(s) Net Income Available to Common Stockholders Weighted Avg Common Shares Outstanding Per Share Per Share b Compute the required EPS amount(s), assuming that the preferred stock is cumulative Net Income Available to Common Stockholders Weighted Avg Common Shares Outstanding Per Share Per Share Computing EPS Convertible Preferred with Partial Conversion Bridgeman Company, headquartered in San Francisco, reported the following data for the current year Net income, $2,220,000 Common shares outstanding at the beginning of the year, 800,000 Nonconvertible cumulative preferred stock, $100 par, $8 dividend per share per year, 100,000 shares outstanding all year Issued 200,000 shares of common stock on October 1 Convertible cumulative preferred stock, $100 par, $7 dividend per share per year, 50,000 shares outstanding at the beginning of the year On March 31, 20,000 shares of preferred stock converted to 40,000 common shares For both preferred stock issues, assume dividends are paid for time held a Compute basic EPS Net Income Available to Common Stockholders Weighted Avg Common Shares Outstanding Per Share Per Share b Compute diluted EPS Net Income Available to Common Stockholders Weighted Avg Common Shares Outstanding Per Share Per Share

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Hi please help with my question

Computing EPS: Simple Capital Structure

At the end of 2020, the records of Block Corporation reflected the following.

Common stock, $5 par, authorized 500,000 shares

Outstanding January 1, 2020, 400,000 shares: $2,000,000

Sold and issued April 1, 2020, 2,000 shares: 10,000

Issued 5% stock dividend, September 30, 2020; 20,100 shares: 100,500

Preferred stock, 6%, $10 par, nonconvertible, noncumulative, authorized 50,000 share

Outstanding during year, 20,000 shares 200,000

Paid-in capital in excess of par, common stock 180,000

Paid-in capital in excess of par, preferred stock 100,000

Retained earnings (after the effects of current preferred dividends declared during 2020) 640,000

Bonds payable, 6.5%, nonconvertible, issued at par January 1, 2020 1,000,000

Net income 164,000

Income tax rate, 25%

a.Compute the required EPS amount(s).

b. Compute the required EPS amount(s), assuming that the preferred stock is cumulative.

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Computing EPS: Convertible Preferred with Partial Conversion

Bridgeman Company, headquartered in San Francisco, reported the following data for the current year.

Net income, $2,220,000.
Common shares outstanding at the beginning of the year, 800,000.
Nonconvertible cumulative preferred stock, $100 par, $8 dividend per share per year, 100,000 shares outstanding all year.
Issued 200,000 shares of common stock on October 1.
Convertible cumulative preferred stock, $100 par, $7 dividend per share per year, 50,000 shares outstanding at the beginning of the year. On March 31, 20,000 shares of preferred stock converted to 40,000 common shares.
For both preferred stock issues, assume dividends are paid for time held.

a.Compute basic EPS.