Stan Corp. provides the following data for 20x1. Transactions in common stock: 1/1, beginning 4/1, issuance 300,000 shares 100,000 shares 8% $100 par nonconvertible cumulative preferred stock $100,000 Issued at par 6% $100 par convertible cumulative preferred stock $200,000 Issued at $105 Convertible into 20,000 shares The net income for 20x1 is $2,300,000. The company's tax rate is 30 percent. No conversion or options were exercised during 20x1. Compute basic and diluted earnings per share. In 20x0 Bon Enterprises issued, at par, 60, $1,000, 8% bonds, each convertible into 100 shares of common stock. Bon had revenues of $17,500 and expenses other than interest and taxes of $8,400 for 20x1 (assume that the tax rate is 40%). Throughout 20x1, 2,000 shares of common stock w ere outstanding; none of the bonds was converted. Compute basic and diluted EPS for 20x1. Assume the same facts as for part 1), except that the 60 bonds were issued on September 1, 20x1 (rather than 20x0), and none of them was converted. Compute basic and diluted EPS for 20x1. Metro Company reported the following amounts in the stockholders' equity section of its balance sheet on 12/31/x1, first year of operations