8. ABC Co. for the full 2019 year: (20 marks) Net income Common shares Outstanding, at January 1, 2019 $1,000, 15%, Preferred shares issued. Not cumulative Issued common shares, June 15, 2019 Issued common shares, June 315, 2019 Dividend declared $600,000 200,000 10,000 25,000 25,000 $ 0.00 a) What is EPS? b) Is it basic or diluted for this year? c) If we change corporate structures, saving $50,000 in expenses and making the Weighted Average of Shares Outstanding (WASO) 220,000. What do we report as diluted EPS