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The Net income for a period was $ 5 , 2 5 0 . Common shares outstanding were 1 , 5 0 0 and convertible

The Net income for a period was $5,250. Common shares outstanding were 1,500 and convertible preferred shares outstanding were 60. Each share of preferred pays a dividend of $15 per share, and each is convertible into three common shares.
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Calculate diluted eps.
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