The following separate Income statements are for Burks Company and Its 80 percent-owned subsidlary, Foreman Company: Burks Revenues Expenses Gain on sale of equipment Equity earnings of subsidiary (438,8e) (338,8ee) 244,8e0 (34,808) 27e,888 (68,808) s (236,80) Net income (128,0e8) Outstanding common shares 65,8e8 48,808 Addltlonel Informatlon Amortization expense resulting from Foreman's excess acquisltion-date falr value Is $41,000 per year. .Burks has convertible preferred stock outstanding. Each of these 10,000 shares is pald a dlvidend of $4 per year. Each share can be converted Into four shares of common stock. . Stock warrants to buy 10,000 shares of Foreman are also outstanding. For $12, each warrant can be converted Iinto a share of Foreman's common stock. The falr value of this stock Is $20 throughout the year. Burks owns none of these warrants. .Foreman has convertible bonds payable that pald Interest of $49,000 (after taxes) during the year. These bonds can be exchanged for 11,000 shares of common stock. Burks holds 10 percent of these bonds, which it bought at book value directly from Foreman. Compute basic and diluted EPS for Burks Company. (Round your Intermedlate percentage value and final answer to 2 declmal places.) Earnings Per Share Basic Diluted