Skysong Corporation had net income for the current year ending December $31,2023$ of $$1,230,300.$ Throughout

$2023$ the following items were outstanding:

$402,000$ common shares

$,21,500$ Class A $$3$ cumulative preferred shares that were convertible to common shares at a rate of $1$:$1$

$,52,000$ Class B $$4$ non$-$cumulative preferred shares that were convertible at a rate of $1$ common share for

every $2$ preferred shares.

$$532,000,8\%$ bonds that were convertible to $14,000$ common shares

$$363,000,10\%$ bonds convertible to $11,000$ common shares

No dividends were declared or paid in $2023.$ Skysong's tax rate is $25\%.$

$($a$)$ Calculate Basic EPS