Brief Exercise 16-14 Nash Corporation reported net income of $213,860 in 2017 and had 53,00 shares of common stock outstanding throughout the year. Als outstanding year were 4500 shares of cumulative preferred stock, each convertible into 2 shares of common. The preferred stock pays an annual dividend of $5 per share Na's tax rate is 50% Compute Nash's 2017 diluted earnings per share. (Round answer to 2 decimal places.. 3.55.) Diluted earnings per shares Click if you would like to Show Work for this question: Open Show Work