QUESTION 11 The following information pertains to Beignet Inc. Net loss 8% Convertible bonds issued at par Weighted average common shares outstanding Tax rate, $(30,000) $225,000 200,000 25% Each $1,000 bond is convertible into 10 shares of common stock at the option of the bondholder. The bonds were outstanding all year. The company computes diluted EPS using the if-converted method. Calculate basic and diluted EPS for the year. Basic EPS Diluted EPS a $(0.15) $(0.15) b. $(0.15) $(0.08) c. $(0.11) $(0.11) d. $(0.11) $(0.04) . OB.b OC.C OD.d