8. Exercise 19-19 EPS; convertible preferred stock; convertible bonds; order of entry [LO19-7, 19-9] Information from the financial statements of Ames Fabricators, Inc., included the following: December 31 2016 100,000 2015 100,000 Common shares Convertible preferred shares (convertible into 72,000 shares of common) 6,000 36,000 10% convertible bonds (convertible into 30,000 shares of common) $1,000,000 $1,000,000 Ames's net income for the year ended December 31, 2016, is $900,000. The income tax rate is 40%. Ames paid dividends of $5 per share on its preferred stock during 2016 Required: Compute basic and diluted eamings per share for the year ended December 31, 2016. (Enter your answers in thousands) NumeratorDenominator Earnings per Share Basic EPS Diluted EPS