Current Attempt in ProgressFollowing is information taken from Marigold Inc.$\text{'}$s December $31,2023$ SFP:$5\%$ bonds payable, $$6,498,000$ maturing December $31,2025,$ each $$1,000$ bond convertible into $19$ common shares$$6,498,0008\%$ bonds payable, $$4,516,000,$ maturing December $31,2026,$ each $$1,000$ bond convertible into $28$ common shares at any time up to December $31,2026$$$4,516,000$Cumulative preferred shares, $$5,$ no$-$par value, convertible at $1$ preferred share for $4$ common shares, $49,400$ shares outstanding$$988,000$Common shares, no par$-$value, $2,903,000$ shares outstandingMarigold's net income for $2023$ was $$8,513,200,$ and the company was subject to an income tax rate of $20\%.$ Both classes of bonds were outstanding the entire year, as were the preferred shares. The weighted$-$average number of common shares outstanding during the period was $3,594,000.$