Tabb Corp has 9,048 shares of common stock outstanding at the beginning of the year. Net income was $393,048. No dividends paid this or last year. On August 1^st, the company purchased 2,000 shares of common stock and held it in treasury. There was a 2 for 1 stock split that happened on December 1^st. Tax rate is 30%. $1,500,000, 5% nonconvertible bond was issued June 30^th of the current year par value. The company has 2,000 shares outstanding of $100 par value 5% convertible Preferred stock (cumulative and non-participating). The stock was issued at $125 a share on April 1 this year and has current market price of $145 at year-end. One share of preferred stock can convert into 2 shares of common stock, none were converted. Then it says to calculate Basic EPS. Then after, it asks Using the information in the prior problem: Calculate fully diluted EPS Is Fully Dilutes EPS a required?I don't know how to due this. I'm clueless.