1 Sauron Inc. has convertible bonds, convertible preferred stock, and stock warrants outstanding for all of 2021. Sauron Inc. reports the following information for 2021:

Item	Amount
Basic EPS	$1.80
Interest expense from convertible bonds, net of tax	$63,000
Number of shares the bonds convert into	43,000
Preferred stock dividend	$51,000
Number of shares the preferred stock converts into	31,000
Number of shares the warrants could be redeemed for	10,000
Strike price for each warrant	$64
Average market price for a share of common stock	$59

Based on the above information, which of the following is anti-dilutive?

Convertible bonds

Stock warrants

None

Convertible preferred stock