Trust Me Renovations Corp. $($TMRC$)$ was incorporated on January $1,2023.$ At that time, it issued $100,000$ ordinary shares; $10,000,$$$100,4\%$ preferred shares $"$A$"$; and $20,000,$$$100,5\%$ preferred shares $"$B$."$ Net income for the year ended December $31,2023,$ was $$400,000.$ TMRC declares and pays a total of $$200,000$ in dividends.

The following are three independent situations:

a$.$ Both the preferred shares series A and $B$ are cumulative in nature. Series A shareholders must be fully paid their current entitlement as well as any arrears before any monies are paid to the Series B shareholders.

b$.$ The Series A preferred shares are cumulative and the Series B preferred shares are non$-$cumulative. Series A shareholders must be fully paid their current entitlement before any monies are paid to the Series $B$ shareholders.

c$.$ Both the preferred shares Series A and B are non$-$cumulative in nature. Series A shareholders must be fully paid their current entitlement before any monies are paid to the Series B shareholders.

Required:

For each of these three independent situations, compute basic EPS.