RJ Inc had net income of $500,000 for 2015 . The firm's fiscal year goes from 1 Jan to 31 Dec. At the start of January 2015, there were 100,000 shares of common stock outstanding. At the end of June, the company issued another 15,000 shares. During the year, the firm paid $60,000 total in dividends on its common stock and $30,000 total in dividends on its perpetual preferred stock. What was the firm's basic EPS? Rockland Inc had net income of $600,000 for 2015. Rockland Inc had average shares outstanding of common stock of 100,000 for the whole of 2015 . The firm had 2,250 convertible bonds outstanding all year, each with $1,000 par value and a coupon rate of 4%. The bonds were convertible into a total of 30,000 shares of common stock. The firm also had 20,000 shares of 3% non-convertible preferred stock each with a par value of $100 that were outstanding all year. The tax rate is 40%. There are no other dilutive securities. Compute the firm's basic EPS and its diluted EPS