a. What EPS presentation is requiredbasic, diluted, or both? b. Compute the required EPS amount(s). Assume that the current year preferred dividend was declared and paid. Note: Enter the earnings per share amount in dollars and cents, rounded to the nearest penny. Net Income Available to Common Stockholders Weighted Avg. Common Shares Outstanding Per Share c. Compute the required EPS amount(s), assuming that the preferred stock is cumulative and there is one year of dividends in arrears. Note: Enter the earnings per share amount in dollars and cents, rounded to the nearest penny. Net Income Available to Common Stockholders Weighted Avg. Common Shares Outstanding Per Share Computing EPS: Simple Capital Structure At the end of the year, the records of Block Corporation reflected the following. Common stock, $5 par, authorized 500,000 shares Outstanding January 1: 400,000 shares $2,000,000 Sold and issued April 1: 2,000 shares 10,000 Issued 5% stock dividend, September 30; 20,100 shares 100,500 Preferred stock, 6%, $10 par, nonconvertible, noncumulative, authorized 50,000 shares Outstanding during year, 20,000 shares 200,000 Paid-in capital in excess of par, common stock 180,000 Paid-in capital in excess of par, preferred stock 100,000 Retained earnings (after the effects of current preferred dividends declared) 640,000