3. Wilson Corp. provides the following data for 201. 6%$100 par convertible cumulative preferred stock $200,000 Issued at $210,000, convertible into 20,000 shares The net income for 201 is $2,300,000. The company's tax rate is 30 percent. No conversion or options were exercised during 201. 1) Compute basic earnings per share (rounded to 2 decimal places) for 201. Show your computations. 2) Compute diluted earnings per share (rounded to 2 decimal places) for 20x1. Show your computations