Computing EPS: Convertible Debt common shares outstanding for the year were 1,010,000. - Note: In the following calculations, enter the earnings per share amounts in dollars and cents, rounded to the nearest penny. a. Compute basic EPS. b. Compute diluted EPS. c. How do the answers to parts a and b change if the bonds were issued on July 1 ? a. Ignorng part cr now do the answers to parts a and b change it one-half of the bonds were converted on July 1 ? Hint: First adjust net income to reflect six instead of twelve months of after-tax interest expense. Computing EPS: Convertible Debt common shares outstanding for the year were 1,010,000. - Note: In the following calculations, enter the earnings per share amounts in dollars and cents, rounded to the nearest penny. a. Compute basic EPS. b. Compute diluted EPS. c. How do the answers to parts a and b change if the bonds were issued on July 1 ? a. Ignorng part cr now do the answers to parts a and b change it one-half of the bonds were converted on July 1 ? Hint: First adjust net income to reflect six instead of twelve months of after-tax interest expense