Loredo Company's net income for 2023 is $50,000. The only potentially dilutive securities outstanding were 1.000 options, outstanding all year, each exercisable for one share at 54. None have been exercised, and 10,000 shares of common were outstanding during 2017. The average market price of Loredo's stock during 2023 was $10. DEPS for 2023 is, to the nearest cent Select one O a. 54.81 O b. $4.55 O c. $4.72 O d. $4.95 O $4.87 Given the following for the Austin Company Net Income Tax Rate Closing market price per common share Average market price per common share Common shares outstanding (entire you) $300,000 30% $32 $30 200,000 The following Capital Structure items existed for the entire year: 1 6%, Cumulative Preferred Stock (Total par $200,000), Convertible to 20,000 common shares 2. Stock Options to purchase 12,000 Common Shares af $31 per share In the computation of Diluted EPS, the numerator is Select one: O a $283,200 O b. $296,400 O c $291,600 O d. $288,000 O e. $300,000 C EN 7 Stock sold at par results in Select one O a. A credit to Additional Paid-in Capital b. A contingent liability for the company OC. A contingent ability for the stockholder. O d. A debit to Reserve for Contingencies Oe. Acredit to Common Stock equal to the amount paid. On January 1, 2018. Fox Corp. issued 1,000 of its 10% $1,000 bonds for $1,040,000. These bonds were to mature on January 1, 2028, but were callable at 101 any time after December 31, 2021. Interest was payable semiannually on July 1 and January 1. After 5 years, on July 1, 2023, Fox called all of the bonds and retired them. Bond premium was properly amortized on a straight-line basis over 10 years. Before income taxes, Fox's gain or loss in 2023 on this early extinguishment of debt was Select one: O a. $30.000 gain Ob $12,000 gain O c. $10,000 loss O d. $10,000 gain O e. $8,000 gain A liability for compensated absences (such as vacations) that employees will be paid should Select one O a. Be accrued following the employee's retirement b. Be accrued during the period when earned by the employees O c Be accrued during the period when the compensated time is expected to be used by employees O d. Be accrued when the employee begins vacation time