Required a. Is this a simple or a complex capital structure? b. Compute the required EPS amounts

At the end of the year. the tecords of Wolvefine Corporation show the following. Common stock, $10 par; authorized 100,000 shares: issued and outstanding throughout the year, 50,000 shares Preferred stock, $50 par, 7%, cumulative, convertible into common stock, share for share; authorzed, 10,000 shares; issued and outstanding throughout year, 2,000 shares.. Contributed capital in excess of par, common stock Retained earnings (no dividends declared during the year). Bonds payable, 10% nonconvertible, issued at par four years prior.. Net income Stock options (outstanding all year entitling holders to acquire 10,000 shares of common stock at $15 per share). Income tax rate, 25%. Average market price of the common stock during the year, $25 per share. $500,000 100,000 80,000 470,000 150,000 120,000 Required a. Is this a simple or a complex capital structure? b. Compute the required EPS amounts.