Crystal Corporation earned net income of $900,000 in 2023. It has a complex capital structure as follows: 12,000 shares outstanding of 8%, $100 preferred stock, and 170,000 shares issued of $5 common stock. There is also 30,000 common stock in the treasury. The preferred stock can be converted into 10,000 shares of common. In addition Crystal has Bonds Payable of $300,000 that pay interest of 6% and can be converted into 25,000 shares of common stock. The applicable federal income tax rate is 25% 1. Compute basic earnings per share for 2023. 2. Compute diluted earnings per share for 2023. Part B. Now assume the preferred stock is not convertible into any common shares. 1. Compute basic earnings per share for 2023. 2. Compute diluted earnings per share for 2023