On January 1, 2024, Jaewoo Industries had outstanding 760,000 common shares ( $1 par) that originally sold for $25 per share. and 8,000 shares of 10% cumulative preferred stock ( $100 par), convertible into 80,000 common shares. - On October 1, 2024, Jaewoo sold and issued an additional 12,000 shares of common stock at $32. - At December 31,2024, there were 27,000 incentive stock options outstanding, issued in 2023, and exercisable after one year for 27,000 shares of common stock at an exercise price of $35. - The market price of the common stock at year-end was $53. - During the year, the price of the common shares had averaged $45. - Net income was $900,000. The tax rate for the year was 25%. Required: Compute basic and diluted EPS for the year ended December 31, 2024 Note: Do not round intermediate calculations. Except for per share amounts, enter your answers in thousands (i.e., 10.000 should be entered as 10 ). Round "Earnings per share" answer to 2 decimal places. At December 31, 2024, the financial statements of Hollingsworth industries included the following: Net, incone for 2024 Bonds payable, 88 , convertible into 51 nillion shares of common stock Common stock: Shares outstanding on January 1 Treasury shares purchased for cash on Septenber 1 Additional data: The bonds payable were issued at par in 2022. The tax rate for 2024 was 25%. Required: Compute basic and diluted EPS for the year ended December 31, 2024. Note: Do not round intermediate calculations. Except for per share amounts, enter your answers in millions (Le.. 10,000,000 should be entered as 10 ). Round "Earnings per share" answer to 2 decimal places