$$September $1,2024,9,000$ shares were retired.

$$A $10\%$ stock dividend was declared and distributed on July $1,2024.$

$$At year$-$end, there were fully vested incentive stock options outstanding for $30,000$ shares of common stock $($adjusted for the stock dividend$).$ The exercise price was $$18.$ The market price of the common stock averaged $$20$ during the year. Also outstanding were $$1,000,000$ face amount of $10\%$ convertible bonds issued in $2021$ and convertible into $50,000$ common shares $($adjusted for the stock dividend$).$ Net income was $$900,000.$ The tax rate for the year was $25\%.$

Required:

Compute basic and diluted EPS for the year ended December $31,2024.$

Note: Round your answers to $2$ decimal places.