a.6% Bonds with a $1,000,000 Face Value Maturing in 6 Years (40% Tax Rate)

b.7% Preferred Stock, $100 Par Value, 10,000 Shares Issued and Outstanding.Stock is Convertible into 20,000 Shares of Common Stock

c.50,000 Stock Options Outstanding with an Exercise Price of $25 per Share. (Average Share Price was $20 per Share) THESE ARE POST SPLIT NUMBERS

d.250,000 Shares of Common Stock Issued, $1 Par Value

e.2 for 1 Stock Split on April 1 (Common Shares Only)

f.50,000 Shares of Treasury Stock Reacquired on July 1 at $22 per Share

Net income of $250,000 for the year, what is the basic EPS?