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The following separate income statements are for Burks Company and its 80 percent-owned subsidiary. Foreman Company: Additional informotion - Amortization expense resulting from Foreman's, excess

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The following separate income statements are for Burks Company and its 80 percent-owned subsidiary. Foreman Company: Additional informotion - Amortization expense resulting from Foreman's, excess acquisition-date fair volue is \\( \\$ 27,000 \\) per yeat. - Burks has corvertible preferred stock outstanding. Each of these 5.000 shares is paid a dividend of \\( \\$ 4 \\) per year. Each share can be coriverted into four shares of common stock - Stock wartants to buy 15,000 shares of Foreman are also outstanding. For \\( \\$ 20 \\), each wafrant can be corverted into a share of Foreman's common stock. The fair value of this stock is \\( \\$ 25 \\) throughout the year Burks owns none of these warrants - Foreman has convertible bonds payoble that paid interest of \\( \\$ 38,000 \\) (after taxes) during the year. These bonds can be exchanged for 13,000 shares of common stock. Burks holds 20 percent of these bonds, which it bought at book value directly from foreman. Compute basic and diluted EPS for Burks Company (Round yout intermediate percentoge volue and final answer to 2 decimal ploces.) Answer is complete but not entirely correct

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