ABC Co. had 200,000 shares of common stock, and $1,000,000 of 6% convertible bonds outstanding during 2013. Each $1,000 bond is convertible into 45 shares of $10 par value common stock.

During 2013, Gilley paid dividends totaling $60,000 on its 4,000 shares of preferred stock.

The company’s net income was $642,000 and its income tax rate was 30%.

Compute the amounts to be shown above for BASIC EPS, and for DILUTED EPS.