Kishkumen Company had the following capital structure at December 31, 2011 and 2012:

The following additional information is available.
(a) The conversion terms of the preferred stock and bonds at January 1, 2012, were as follows: Preferred stock, five shares of common for each share of preferred; convertible bonds, 38 shares of common for each $1,000 bond. These terms are to be adjusted for any issued stock dividends or stock splits.
(b) On May 1, 2012, Kishkumen sold an additional 70,000 shares of common stock, and on August 1, 2012, a 10% stock dividend on common shares was declared.
(c) On October 1, 2012, 13,000 shares of preferred stock were converted to 71,500 shares of common stock (5.5 shares common for each share of preferred). The preferred stock was issued at $100 par in 2008.
(d) On December 1, 2012, 25% of the convertible bonds were converted (41.8 shares of common for each bond converted). The bonds were issued at par in 2011.
(e) On December 31, 2012, Kishkumen declared and paid a $7-per-share dividend on outstanding preferred stock. Income for the year was $2,300,000.
(f) Stock options (issued and unexercised) to purchase 70,000 shares of common stock at $30 per share were outstanding at the beginning of 2012. Ending market price for 2012 was $46.36. The number of shares was adjusted to 77,000 and the exercise price was adjusted to $27.27 in response to the 10% stock dividend.
(g) Stock warrants to purchase 50,000 shares of common stock at $45 per share were initially attached to the preferred stock. This was adjusted to 55,000 shares at $40.91 per share in response to the 10% stock dividend. The warrants expire on December 31, 2016, and were outstanding at December 31, 2012.
(h) The effective tax rate was 30% for both years.
(i) On February 1, 2013, before the 2012 financial statements were issued, Kishkumen split its common stock 2 for 1.
Instructions:
For the year ended December 31, 2012, compute basic and dilutedEPS.

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2012 2011 Shares of stock outstanding 776,490 Common stock $7 convertible preferred stock 550,000 24,000 11.000 Bonds outstanding 71%, 10-year convertible bonds $1.6000 2.200.000