Jack-N-Jill reported $657,750 as income from operations and 200,000 shares as its weighted average common shares outstanding for the year. Jack-N-Jill also had outstanding 27,000 6% preferred shares of $100 par value which were non-cumulative and nonconvertible. The company had not declared any dividends for either the current year or the previous year. In prior years, it had issued 1,125 8% , long-term convertible bonds at par value of $1,000 each which are still outstanding. Each bond can be converted into 40 common shares. No amount was credited towards contributed surplus-conversion. The tax rate was 40%. Jack-N-Jill had no other potentially dilutive securities and no conversions occurred during the year. The diluted EPS for the current year would be

Now assume that bondholders of 25% of the outstanding bonds were to convert them on September 1 into common shares. The denominators for calculating the basic EPS and the diluted EPS would be.

Now assume that bondholders of 25% of the outstanding bonds were to convert them on September 1 into common shares. Also assume that the interest on the converted bonds have already been reflected in the income from operations stated in [42] above. The numerators for calculating the basic EPS and the diluted EPS would be.