I have answered the first question I need help with the second question to this problem:

2. Determine diluted EPS for 2017 (in formulating your answer, provide the incremental effect on the EPS numerator and denominator for each of the potentially dilutive securities a, b and c above) Make sure your answer includes the "incremental effect" for a, b, and c.

Deadline Corp. reported net income of $1,692,900 for 2017. Deadline's income tax rate was 30% and they reported no below the line items on their income statement. Deadline had 400,000 shares of common stock outstanding at1/01/17, issued an addition al 300,000 shares on 7/1/17, and purchased 90,000 treasury shares on 11/1/17. The average market price of Behrend's stock during 2017 was $50. Throughout 2017 Behrend also had the following securities outstanding 20,000 shares of $100 par value 6% cumulative preferred stock (annual preferred dividend requirement of $6/share). Each preferred share is convertible into 3 shares of common stock b. $10,000,000 of 8% bonds payable issued at face value. Each $1,000 bondis convertible into 20 shares of common stock. Stockwarrants to purchase 160,000 shares of Behrend Corp. common stock for $40/sh are. a. C 1. Calculate basic EPS for 2017 (show your work - answer should be $2.94/share). Part A Date Number of shares Cumulative Months Weight Avg number of shares 1/1/2017 400,000 400,000 6 1 200000 1/7/2017 300,000 700,000 4 O 233333 1/11/2017) -90,000 610,000 2 O 101667 Total 12 535000 Total avg number of shares 535000 Net Income $1,692,900 Less:Preferred Dividend 20000*6 -$120,000 $1,572,900 Basic Earnings per share 1572900/535000 $2.94