Use the following information to answer the next two questions Given the following for the Friar Company: O Net Income O Tax Rate O Closing market price per common share 0 Average market price per common share 0 Common shares outstanding (entire year) $300,000 30% $30 $32 200,000 The following Capital Structure items existed for the entire year: 1. 6%, Cumulative Preferred Stock (Total par $200,000), Convertible to 2,000 common shares. 2. Stock Options to purchase 12,000 Common Shares at $31 per share. 29. In the computation of Diluted EPS, the numerator is: b) c) $283,200 $296,400 $291,600 $288,000 $300,000 e) A 30. In the computation of Diluted EPS, the denominator is: 212,000 shares 220,000 shares 214,000 shares 202,375 shares 200,375 shares