3 Information from the financial statements of Ames Fabricators, Inc., included the following: December 31 6.66 2018 2017 Doints Common shares Convertible preferred shares (convertible into 40,000 shares of common) 16% convertible bonds (convertible into 20,000 shares of common) 100,000 100,000 16,800 16,800 eBook Hint $1,000,000 $1,000,000 References Ames's net income for the year ended December 31, 2018, is $580,000. The income tax rate is 40 %. Ames paid dividends of $5 per share on its preferred stock during 2018. Required: Compute basic and diluted earnings per share for the year ended December 31, 2018. (Enter your answers in thousands.) Numerator Denominator Earnings per Share Basic EPS Diluted EPS