Bonita Corporation had net income for the current year ending December 31 2023 of $1,218,600. Throughout 2023 the following items were outstanding:

406,000 common shares

20,500 Class A $3 cumulative preferred shares that were convertible to common shares at a rate of 1:1

50,000 Class B $4 non-cumulative preferred shares that were convertible at a rate of 1 common share for every 2 preferred shares

$507,000, 8% bonds that were convertible to 13,000 common shares

$352,000, 10% bonds convertible to 11,000 common shares

No dividends were declared or paid in 2023. Bonitas tax rate is 25%

a) Determine an incremental per share effect for the Class A preferred Shares.

Potentially dilutive security	Incremental Numerator Effect	Incremental Denominator Effect	EPS
Class A preferred shares