The following information is available for Evelynn Company:

Net income $1,200,000

7% Convertible bonds issued at par.

each bond is convertible to 30 shares of

common stock $2,000,000

6% Convertible preferred stock, at par, each

share is convertible to 3 shares of common stock $4,000,000

Options outstanding to purchase 75,000 shares

at $20 per share

Common stock, $10 par $6,000,000

Tax rate 20%

Average market price of common stock $25 per share

There were no changes in shares, bonds, or options outstanding during the year. Compute basic and fully diluted earnings per share showing all computations.