value convertible preferred stock issued outstanding. Each share of preferred stock can be converted into 15 shares of B's common stock. Hs net income for 2014 was $9,600,000. During 2014 H paid $600,000 of preferred dividends. H's income tax rate is 25%. As of 12-31-14, H had $2,000,000 of 5%, 10-year convertible bonds outstanding. H issued the bonds at par during 2011. The bonds can be converted into 40,000 shares of H's common stock. As of 12-31-14, H had $10,000,000 of 10%, 15-year convertible bonds. H issued the bonds at par during 2004. The bonds can be converted into 200,000 shares of H's common stock. As of 12-31-14, H had $6,000,000 of 7%, 40-year convertible bonds. H issued the bonds at par during 1980. The bonds can be converted into 300,000 shares of H's common stock. . During the entire year ending 12-31-14, H had 480,000 outstanding and exercisable employee stock options that were granted to employees during 2013. Each option has an exercise price of $60 per share of H common stock. During 2014, the average market price of H's common stock was $90 per share. . During the entire year ending 12-31-14, H had 120,000 outstanding and exercisable employee stock options that were granted to employees during 2010. Each option has an exercise price of $100 per share of H common stock. What will H report as basic EPS for the year ended 12-31-14? ROUND TO NEAREST PENNY. What will H report as diluted EPS for the year ended 12-31-14? ROUND TO NEAREST PENNY