Question 1 (6 points) Saved MSSN SPRTS INC reported the following information about its financial performance and capital structure: 500 Net Income Tax Rate 30% 100 Common Stock Jan- 1 Shares Outstanding Feb- 1 Shares Sold Jun- 17 Stock Dividend Nov- Shares reacquired 25 50% 80 Convertible Preferred Stock Jan- 1 Shares Outstanding Dividend rate 30 10% Par Value Common Shares if Converted Stock Options Jan- 1 Options Outstanding Exercise Price Avg. market price of common shares during 2021 Stock Options Jan- Options Outstanding 10 . Exercise Price Avg. market price of common shares during 2021 15 Convertible Bonds issued at par Face Value Interest Rate Common Shares if Converted 500 9% . 30 Required: Please calculate MSSN SPRTS INC Basic and Diluted EPS