Carla Vista Corporation is preparing earnings per share data for 2023. The net income for the year ended December 31, 2023, was $395,000 and there were 58,000 common shares outstanding during the entire year. Carla Vista has the following two convertible securities outstanding: 10% convertible bonds (each $1,000 bond is convertible into 20 common shares) 4% comvertible $100 par value preferred shares (each share is convertible into 2 common shares) $111.000 48,000 Both convertible securities were issued at face value in 2020. There were no conversions during 2023, and Carla Vista's income tax rate is 22%. The preferred shares are cumulative. For simplicity, ignore the requirement to record the debt and equity components of the bonds separately. (a1) Calculate the income effect of the dividends on preferred shares. Dividends on preferred shares Calculate Carla Vista's basic earnings per share for 2023. (Round answer to 2 decimal places, eg. 15.25.) Basic earnings per share eTextbook and Media b1) Calculate the after-tax interest paid on the 10% bonds