Can you help?

Ahnberg Corporation had 600,000 shares of common stock issued and outstanding at January 1. No common shares were issued during the year, but on January 1, Ahnberg issued 220,000 shares of converlible preferred stock. The preferred shares are convertible into 440,000 shares of common stock. During the year Ahnberg paid $132,000 cash dividends on the preferred stock. Net income was $1,392,000. What were Ahnherg's basic and diluted earnings per share tor the year? {Round your answers to 2 decimal places.) Basic EPS - Diluted EPS