Coronado Corporation reported Long-Term Liabilities and Shareholders' Equity in its December 31, 2020 balance sheet as follows: Long Term Liabilities: Bonds Payable $8,000,000 8% interest, convertible to 10 common shares/$1,000 bond Bonds Payable $4,500,000 4% interest, convertible to 35 common shares/$1,000 bond Shareholders' Equity: Class A Preferred shares $5,000,000 $3.30 cumulative preferred share convertible into 8 common shares, 102,000 authorized, issued and outstanding Class B Common shares $19,200,000 Unlimited number authorized 4,800,000 issued and outstanding All of the above reported bonds payable, preferred shares and common shares were outstanding throughout the entirety of fiscal 2020. No transactions involving the bonds payable, preferred shares or common shares occurred during fiscal 2020, except for interest on the bonds payable. The bonds payable were all issued and sold at par. Coronado also had Class B common stock options to purchase 220,000 common shares at $7.00 per share outstanding throughout fiscal 2020. No stock options were exercised during fiscal 2020. The fair market value of Coronado's common shares was $10.00 per share throughout the entirety of fiscal 2020. Coronados income tax rate is 38%. The weighted average of common shares outstanding for 2020 was 4,800,000 common shares, and Coronado earned net income of $24,144,600. (a1) Correct answer icon Your answer is correct. Calculate the income effect of the dividends on Class A preferred shares. Dividends on preferred shares $Enter your answer in accordance to the question statement eTextbook and Media Attempts: 2 of 5 used (a2) Correct answer icon Your answer is correct. Calculate Coronado's fiscal 2020 basic earnings per share. (Round answer to 3 decimal places, e.g. 15.257.) Basic earnings per share $Enter your answer in accordance to the question statement eTextbook and Media Attempts: 1 of 5 used (a3) Correct answer icon Your answer is correct. Calculate the after-tax interest paid on the 8% bonds. After-tax interest on 8% bonds $Enter your answer in accordance to the question statement eTextbook and Media Attempts: 1 of 5 used (a4) Correct answer icon Your answer is correct. Determine an incremental per share effect for 8% bonds. (Round earnings per share to 3 decimal places, e.g. 15.257.) Potentially dilutive security Incremental Numerator Effect Incremental Denominator Effect EPS 8% Bonds $ $ eTextbook and Media Attempts: 1 of 5 used (a5) Calculate the after-tax interest paid on the 4% bonds. After-tax interest on 4% bonds $Enter your answer in accordance to the question statement