Sea Products Corp. (SPC) reported $6,230,000 of earnings from continuing operations for the 20X4 fiscal year, and an after-tax loss from discontinued operations of $7,210,000. Preferred dividends and a common dividend of $1 per share were declared in 20X4. The average common share price was $13 during the period (adjusted for the split; see below), and the tax rate was 35%. SPC reported the following financial instruments as part of its capital structure at the end of 20X4: 1.5,020,000 common shares outstanding. Of these, 2,510,000 had been issued as a 2-for-1 stock split on 1 October 20X4. The terms of all share contracts were adjusted to reflect the split, and adjusted values are given in the information that follows. 2. $5,060,000 of bonds payable, convertible into 126,000 common shares beginning in 20x2 at the option of the investor. The bonds are reported as a liability, with a discount, and as an element of equity. Interest paid this year was $246,000, and there was $53,600 of discount amortization recorded. 3.660,000 preferred shares, with a $2 per share cumulative dividend. There had been 706,000 shares outstanding at the beginning of 20X3. In January, 160,000 shares, with an average issuance price of $631,000, were retired for $711,000. 4. Options outstanding: 156,000 shares at an option price of $10, exercisable beginning in 20X7, 506,000 shares at an option price of $5, exercisable beginning in 20X2; 206,000 shares at an option price of $4, exercisable beginning in 20X3. Required: Calculate required EPS disclosures. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to 2 decimal places.) Answer is complete but not entirely correct. EPS Reporting: Basic EPS Earnings from continuing operations $ 3,854,760.00 Discontinued operations (7,210,000.00) Net earnings (3,355,240.00) Diluted EPS Earnings from continuing operations $ 6,230,000.00 Discontinued operations (7,210,000.00) Net earnings $ (980,000.00)