How do you calculate the 480,000 used to solve diluted eps

Assume a company has the following: - Net income of \$3,000,000 - Tax rate of 20% - 1,000,000 shares of common stock outstanding trading at $40 per share - 20,000 convertible bonds outstanding, each with par value $1.000, coupon rate 3.0% - Each bond is convertible into 10 shares of common stock - No other potentially dilutive securities The company's fully diluted EPS is closest to: $2.90 $3.00 $2.10 Basic EPS =$3.00/ share diluted EPS =$2.90=($3m+$480.000)/1.2m shares