Troy and Abed Inc. reported the following balances as of January 1, 2020: - 100 million shares of common stock outstanding. - 5 million cumulative convertible preferred shares (convertible into 10 million shares of common stock). These preferred shares have a par value of $100 per share and pay 12% interest. - 50,000,5% convertible bonds. The bonds have a face value of $1,000 each. The bonds can be converted into a total of 10 million shares of common stock. - 40 million stock options with an exercise price of $20. During the year, the average stock price was $35, with a closing price of $52 on December 31,2020. The following transactions took place during 2020: - April 1, 2020: Troy and Abed bought back 12 million shares of its common stock from shareholders. - June 1, 2020: Troy and Abed reissued 12 million of the treasury shares that were acquired on April 1. - November 1, 2020: Troy and Abed declared and distributed a 50% stock dividend on common stocks. - December 1, 2020: Troy and Abed issued 4 million new shares of common stock. The Company reported net income of $250 million for the year ended December 31,2020 , and the tax rate was 40%. Required: Calculate Basic and Diluted EPS for the year ended December 31, 2020. PLEASE ROUND YOUR ANSWERS TO TWO DECIMAL POINTS. Must show all of your work, including incremental effect, order of conversion and indicate if each item is dilutive or anti-dilutive, to receive full credit