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If a company has a Net Income of $75,000, the preferred dividends is $5,000. The common shares outstating were 10,000. The company has a debt

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If a company has a Net Income of $75,000, the preferred dividends is $5,000. The common shares outstating were 10,000. The company has a debt of convertible bonds that worth $50,000 at 8% interest. The debt is convertible into 5,000 shares and the Tax Rate is 40%. Required: Calculate the Basic EPS and the Diluted EPS of this company

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