Part C: Earning-per-Share (EPS) Rams Corporation reported net income of $250,000 in 2020 and had 100.000 shares of common stock outstanding throughout the year. The common stock sold at an average market price of $12 per share during the period. Rams declared and paid $50,000 in preferred dividends. Also outstanding were 15,000 warrants that could be exercised to purchase one share of common stock for $10 for each warrant exercised. Compute Rams Corporation 2020 Basic EPS and Diluted EPS