Crane Ltd. provicies the following information for calendar 2023 : 1 Net income $434,670 2. Capital Structure a) $8 preferred shares, no par value, cumulative, 7,500 shares outstanding $750,000 No dividends were declared during 2023. b) Common shares, 77,000 shares outstanding on January 1 On April 1,41,000 shares were issued for cash. On October 1, 17,000 shares were purchased and retired $1,062,500 c) On January 2, 2022, Crane purchased Apso Corporation. One of the terms of the purchase was that if Crane's net income for 2022 or subsequent years is $414,670 ormore, 51,000 additional common shares would be issued to Apso shareholders. Calculate basic and diluted earnings per share for 2023. (Round answers to 2 decimal places, es. 15.25.) Basic earnings per share Diluted earnings per share $