Whispering Inc. had $502,000$ common shares outstanding for the entire fiscal year ended August $31,2023.$ Whispering also had

$105,000$$$3$ cumulative, no$-$par value preferred shares outstanding for the full year. Options were written at the start of the fiscal year

to purchase $32,000$ common shares at $$16$ per share. The average market price of Whispering's common shares during the year ended

August $31,2023$ was $$25$ per share. The options expire in $2032,$ and none were actually exercised during the current year. Also

outstanding for the entire year was a $7\%$ bond with a face value of $$4,600,000,$ convertible to $115,000$ common shares. Whispering

Inc.$\text{'}$s net income for the year was $$2,724,600,$ and the income tax rate for the fiscal year was $40\%.$

Rank the potentially dilutive securities from most dilutive to least dilutive.

$7\%$ bonds

Options

eTextbook and Media

Calculate diluted earnings per share. $($Round calculations of EPS to $3$ decimal places, e$.$g$.3\mathrm{.}545$ and provide final answer to $2$ decimal

places, e$.$g$.15\mathrm{.}25.)$

Numerator

Basic EPS

Sub Total

Diluted EPS

Denominator

EPS

$

$