AbC was formed on june 10, 2011, through the issuance of 2,500.000 shares of common stock to owners. The company had the following transactions during 2014,On Apil 1, 2014, the company issued an additional 30 00 shares of stock for cash On July 1 2014, ABC issued $1 million of 15 year 6% convertible bonds at par t ach $1,000 bond converts to 25 shares of common at any interest date. None of the bonds have been converted to report after tax netincome of $13,000,000 The tax rate is 40% Determine the following for 2014. (a) The number of shares to be used for calculating (1) Basic earnings per share date. ABC is preparing its annual report for the fiscal year ending December 31, 2014, and wil 2) Diluted earnings per share (b) The earnings figures to be used for cakculating 1) Basic earnings per share (2) Diluted earnings per share