On December $31,2023,$ Chi Chow Company had outstanding $410,000$ shares of common stock and $41,000$

shares of $9\%$ cumulative preferred stock $($par $$10).$

February $28,2024,$ issued an additional $37,000$ shares of common stock

September $1,2024,9,100$ shares were retired.

A $12\%$ stock dividend was declared and distributed on July $1,2024.$

At year$-$end, there were fully vested incentive stock options outstanding for $31,000$ shares of common

stock $($adjusted for the stock dividend$).$ The exercise price was $$18.$ The market price of the common stock

averaged $$20$ during the year. Also outstanding were $$1,000,000$ face amount of $10\%$ convertible bonds

issued in $2021$ and convertible into $51,000$ common shares $($adjusted for the stack dividend$).$ Net income

was $$910,000.$ The tax rate for the year was $25\%$

Required:

Compute basic and diluted EPS for the year ended December $31,2024.$

Note: Round your answers to $2$ decimal places.