Assume the following facts about a parent and its 75% owned subsidiary company: Parent Subsidiary Net income $200,000 $47,000 Common 26,000 (19,500 = shares 75% owned by outstanding 50,000 parent) Dividends = $19,300 Convertible into 9,000 Con ble shares of preferred stock stock Interest expense after tax = $5,800Convertible Convertible into 7,000 shares bonds of common stock common a. Compute basic earnings per share $ b. Compute diluted earnings per share $