breaker co had: 2 0 0 0 0 0 shares of commmon stock 2 0 0 0 0 shares of convertible preferred stock. the preferred stock is convertible into 4 0 0 0 0 shares of common stock furing 2 0 2 1 hudson paid dividends of 4 0 0 0 0 to preferred shareholders 1 5 0 0 0 0 0 of 6 % CONVERTIBLE BONDS OUTSTANDING DURING 2 0 2 1 . THE BONDS ARE CONVERTIBLE INTO 4 5 0 0 0 shares of common stock interest exp for the year was 9 0 0 0 0 net income for 2 0 2 1 was 6 0 0 0 0 0 and the income tax rate was 2 5 % DILUTED EARNINGS PER SHARE FOR 2 0 2 1 IS