please help me with these 3 questions

Colnago Corporation reports the following capital structure at the beginning and end of the year: Retained earnings changed during the year as follows: Retained earnings, beginning $160.000 Each share of preferred stock is convertible into 0.5 share of common stock. Compute diluted EPS for the year. a. $4.00 b. $3.75 c. $3.00 d. $4.29 Which of the following accurately describes the difference between basic and diluted EPS? a. Diluted EPS is not meaningful if a firm reports a net loss. b. Diluted EPS reflects EPS under an extreme scenario where all convertible securities are assumed to have been converted as of the beginning of the year. c. Preferred stock dividends reduce the numerator of the EPS calculation for diluted EPS, but not basic EPS. d. Diluted EPS is always less than basic EPS. Merckx Corporation reports the following capital structure at the beginning and end of the year: Retained earnings changed during the year as follows: Retained earnings haginnino 1%nnh The preferred stock is not convertible. Compute basic EPS for the year. a. $4.57 b. $3.14 c. $4.29 d. 53.43