Show me the steps to solve Computing EPS: Simple Capital Structure

At the end of the year, the records of Block Corporation reflected the following.

Common stock, $$5$ par, authorized $500,000$ shares

Outstanding January $1,400,000$ shares $$2,000,000$

Sold and issued April $1,2,000$ shares $10,000$

Issued $5\%$ stock dividend, September $30$; $20,100$ shares $100,500$

Preferred stock, $6\%,$ $$10$ par, nonconvertible, noncumulative, authorized $50,000$ shares

Outstanding during year, $20,000$ shares $200,000$

Paid$-$in capital in excess of par, common stock $180,000$

Paid$-$in capital in excess of par, preferred stock $100,000$

Retained earnings $($after the effects of current preferred dividends declared$)640,000$

Bonds payable, $6\mathrm{.}5\%,$ nonconvertible, issued at par January $11,000,000$

Net income $164,000$

Income tax rate, $25\%$

a$.$ What EPS presentation is required$$basic$,$ diluted, or both?