Question: please help and explain :) 4. Company X : NI =$1.75M;500k common shares outstanding; preferred dividend of $10 per preferred share; 20,000 shares of convertible

please help and explain :)

4. Company X : NI =$1.75M;500k common shares outstanding; preferred dividend of $10 per preferred share; 20,000 shares of convertible preferred stock convertible into 5 common shares per share of preferred. What is its basic EPS and diluted EPS

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