Please solve for multiple choice in image.

Question 18 5 pts The following information was extracted from Smurm Corporation's 2006 annual report: Common stock: Share outstanding 12/31/2015 90 million 10 million 100 million 50 million New shares issued 4/1/2016 Share outstanding 12/31/2016 Preferred stock: $10 par, 10% convertible into 2 shares of common stock, share outstanding Options each to purchase one common share at $50 per share Market price of stock: Average for year 1 million $75 Beginning of year $70 End of year $78 Preferred dividends paid $50,000,000 $350,000,000 Net income for 2016 Using the treasury stock method, calculate the number of extra shares being recognized in the diluted EPS calculation resulting from options. 358,975 500,000 285,714 333,333 Question 20 5 pts The following information was extracted from Smurm Corporation's 2006 annual report: Common stock: Share outstanding 12/31/2015 90 million New shares issued 4/1/2016 10 million 100 million 50 million Share outstanding 12/31/2016 Preferred stock: $10 par, 10% convertible into 2 shares of common stock, share outstanding Options each to purchase one common share at $50 per share Market price of stock: Average for year 1 million $75 Beginning of year $70 End of year Preferred dividends paid $78 $50,000,000 $350,000,000 Net income for 2016 Diluted earnings per share for 2016 was: $2.00 $3.52 $2.03 $3.07 Question 18 5 pts The following information was extracted from Smurm Corporation's 2006 annual report: Common stock: Share outstanding 12/31/2015 90 million 10 million 100 million 50 million New shares issued 4/1/2016 Share outstanding 12/31/2016 Preferred stock: $10 par, 10% convertible into 2 shares of common stock, share outstanding Options each to purchase one common share at $50 per share Market price of stock: Average for year 1 million $75 Beginning of year $70 End of year $78 Preferred dividends paid $50,000,000 $350,000,000 Net income for 2016 Using the treasury stock method, calculate the number of extra shares being recognized in the diluted EPS calculation resulting from options. 358,975 500,000 285,714 333,333 Question 20 5 pts The following information was extracted from Smurm Corporation's 2006 annual report: Common stock: Share outstanding 12/31/2015 90 million New shares issued 4/1/2016 10 million 100 million 50 million Share outstanding 12/31/2016 Preferred stock: $10 par, 10% convertible into 2 shares of common stock, share outstanding Options each to purchase one common share at $50 per share Market price of stock: Average for year 1 million $75 Beginning of year $70 End of year Preferred dividends paid $78 $50,000,000 $350,000,000 Net income for 2016 Diluted earnings per share for 2016 was: $2.00 $3.52 $2.03 $3.07