# I need help with this homework problem, can you please get it

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I need help with this homework problem, can you please get it done asap Accounting Problem.xlsx O. Company had net income of \$3,000,000 in 2016, which included a net loss from an extraordinary event of \$300,000 (net of \$100,000 tax) The activity for O. common shares during 2016 included the following: Jan. 1 there were 1,000,000 shares outstanding Apr. 1 issued 20,000 shares Sept. 1, purchased 70,000 treasury shares Dec. 1, declared a 100% stock dividend on common shares Round weighted average number of shares to the nearest whole share if needed Additional Information Convertible preferred stock: During the year there were 10,000 shares of cummulative convertible preferred stock paying a 3% dividend, each share with a par value of convertible into four shares of common stock. No preferred dividends were declared or paid during the year Convertible bonds: One thousand 6% convertible bonds were issued for the first time on July 1, 2015 at a price of 100. Each bond has a \$1,000 face value and is converti None were actually converted during the year. The income tax rate is 35% Stock options (Group A):During the year 70,000 options existed for key executives to buy common stock at an exercise price of \$50. the average stock price was \$70 dur during the year. Stock Options (Group B): On July 1, 2015, 10,000 options were granted to all employees who had worked for the company for more than 10 years to buy common stock Using the table Below, show how earnings per share should appear on the Face of O’s 2016 income statement Basic Diluted Income from con. Operations before extraordinary items Extraordinary loss (net 100,000 tax) Net Income of \$100 and ertible into 50 shares of common stock. during the year. No options were actually exercised ock at an exercidr price of \$80. The average stock price was \$70 during the year. No options were actually exercised during the year