Question 5 10 points Seved A company has 800,000 shares of common stock outstanding. It has 30 convertible bonds outstanding, with a coupon rate of 5% and a face value of $1000. Each bond converts into 100 common shares. The company also has 75 shares of convertible preferred stock outstanding which pays a dividend of 3% on a par value of $100, which converts into 90 shares of common per preferred share. The company reported net income of $750,000. The tax rate is 15%. a. What is the basic EPS? b. What is the diluted EPS