. . 1. The following information has been obtained from Zippy Corporation: 60,000 shares of common stock were outstanding on January 1, 2019. 1,200 stock options were outstanding on January 1, 2019; each option allows the holder to acquire one share of common stock for $25 per share. The average market price of the common stock during 2018 was $62.50 per share. No other potentially dilutive financial instruments are outstanding, 3,000 shares of common stock were issued on July 1, 2019 for $65 per share. 1,500 shares of common stock were repurchased on September 1, 2019. Net income for 2019 was reported as $314,000. Dividends of $2.00 per share were paid to the common shareholders on December 1, 2019. The fiscal year is the same as the calendar year. The tax rate is 20%. Find Zippy's Basic EPS and Diluted EPS for 2019