Required information On January 1 of the current year, a company had the following securities in its capital structure: . Common stock: 500,000 shares authorized; 150,000 shares issued and outstanding Bonds: $600,000 of convertible 13.0% bonds previously issued at face value. Each $1,000 bond is convertible into 35 common shares. Additional information: Net income for the year was $500,000. The income tax rate was 25%. The company declared and paid cash dividends of $140,000 to common shareholders during the year. Use the information above to answer the questions below. What is the denominator of Diluted EPS? (Click to select) 171,000 shares 150,000 shares 185,000 shares 521,000 shares 750,000 shares