The Duckworth Ltd. 205 financial statements include the following: The compary declared and pald preferred dividends of $24,000 during the year and had an effective tax rate of 30%. Required: 1. Compute basic EPS, (Do not round intermediate caiculations, Round your answer to 2 decimal places.) 2. Repeat requirement 1, assuming that the preferred shares are curnulative. (Do not round intermediate calculations. Round you answer to 2 decimal places.)