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a) Compute the basic earnings per share for 2025. (Round to the nearest penny.) Basic EPS = - Preferred stock dividends = Your question needs more information From our expert: Connect with me at helperhomework 28 on g mail for accounting questions. I will send excel file with full workings for as low as US \$ 3 . Edit your question > outstanding throughout the your Durng zoes, the following transactions on common slock look perce Man 1, 2025, Furchase of 45,000 heasury shares Now. 1, 2025, issuance of 30,000 theses In addion, CL. Energy has the kilowing convertelie bond Which is the celly pobsichaty alenwe securly CL Energy Inc had 150,000 shares of common stock outstanding at the end of 2024. CL Energy also had 10,000 shares of 8%, \$50 par non-convertible preferred stock outstanding throughout the year. During 2025, the following transactions on common stock took place. Mar. 1, 2025, Purchase of 45,000 treasury shares June 1, 2025, Stock split 2 for 1 Nov. 1, 2025, Issuance of 30,000 shares In addition, CL Energy has the following convertible bond, which is the only potentially dilutive security: 10.0% convertible bonds: $600,000, sold at par on July 1 of the current year, convertible into 30 shares common for each $1,000 bond (adjusted for split). CL Energy declared the required preferred stock dividend during the year. Net income for the year was $776,000. Assume that applicable tax rate for 2025 is 20%