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Data for Blue Stream Co.'s December 31, 2023 fiscal year shows the following. 1. There were 80,000,$2, non-cumulative preferred shares outstanding as of January 1,

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Data for Blue Stream Co.'s December 31, 2023 fiscal year shows the following. 1. There were 80,000,$2, non-cumulative preferred shares outstanding as of January 1, 2023; each preferred share is corvertible into 3 common shares. 2. There were 240,000 common shares outstanding as of January 1, 2023. 3. On April 30, 2023, 60,000 common shares were lssued for $10 each. 4. On November 1, 2023, 30,000 common shares were reacquired from shareholders and canceled. 5. Net income for 2023 is $500,000, which Includes a $100,000 after-tax discontinued gain. 6. Dividends declared in 2023 amounted to $1 per share for the preferred shares and $.50 per share for the common shares. 7. 25,000 warrants were outstanding throughout 2023; each warrant permits the owner to buy 2 common shares for $20 per share. 8. A $2,000,000,6% convertible bond was issued on April 30, 2023; each $1,000 bond is convertible into 40 common shares 9. No dilutive securities were converted to common shares during 2023. 10. The income tax rate for 2023 is 40%. 11. The average market price of cornmon shares in 2023 was $25 per share. equired: Caiculate all necessary earnings per share amounts to be disciosed for 2023

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