Throughout 2019, H had 15,000,000 shares of common stock issued and outstanding and 100,000 shares of 5%, $100 par value cumulative preferred stock issued and outstanding. H's net income for 2019 was $7,700,000. During 2019 H neither declared nor paid any kind of dividend. H's income tax rate is 25%.

• During the entire year ending 12-31-19, H had 750,000 outstanding and exercisable employee stock options that were granted to employees during 2016. Each option has an exercise price of $40 per share of H common stock. During 2019, the average market price of H's common stock was $60 per share.
• As of 12-31-19, H had $3,000,000 of 6%, 15-year convertible bonds. H issued the bonds at par during 2005. The bonds can be converted into 40,000 shares of H's common stock.
• As of 12-31-19, H had $40,000,000 of 8%, 40-year convertible bonds. H issued the bonds at par during 1995. The bonds can be converted into 300,000 shares of H's common stock.

What will H report as basic EPS for the year ended 12-31-19?

What will H report as diluted EPS for the year ended 12-31-19?