On January 1, 2021. Tonge Industries had outstanding 540,000 common shares Sant originally sold for $30 per share and 3,000 shares of 10% cumulative preferred stock (5100 pan.convertible into 30,000 Coron Shares On October 1, 2021. Tonge sold and issued an addon 20,000 Shares of common ok 543. A December 31, 2021 there wete 25,000 incentive stock options outstanding, sed in 2020, and exercisable the one year for 25.000 shares of common stock ot an excite price of $40 The market price of the common stock at year-end was 358 Dunng the yeat the price of the common shares had averaged $50 Net income was 5680.000. The tax rate for the year was 25 Required: Compute basic and diluted EPS for the year ended December 31, 2021. (Enter your answers in thousands 100,000 should be entered os 100) Pound Earnings per share answers to 2 decimal places NO OM