Carla Vista Corporation had net income of $$42,000$ for the year ended December $31,2023,$ and weighted average number of common shares outstanding of $10,000.$ The following information is provided regarding the capital structure:$1.8\%$ convertible debt, $210$ bonds each convertible into $43$ common shares. The bonds were outstanding for the entire year. The income tax rate is $35\%.$ The bonds were issued at par $($$$1,150$ per bond$).$ No bonds were converted during the year$\mathrm{.}2.3\%$ convertible, cumulative $$100$ preferred shares, $1,000$ shares issued and outstanding. Each preferred share is convertible into $2$ common shares. The preferred shares were issued at par and were outstanding the entire year. No shares were converted during the year.