E.E.E. -110 b X, * A A A A A.D.A. AaBbce AaBbcc AaBb 1 Normal 1 No Spac. Heading 1 AaBbcc AaB AaBbce AaBbcet AaBbce Heading 2 Title Subtitle Subtle im. Emphasis . . - Paragraph 3. (25 points) Strickland Corporation eamed net income of $300,000 (after taxes at a rate of 4096) in 2017. It had 100,000 shares of common stock outstanding all year, and 50.000 shares of preferred stock, non convertible non cumulative Dividends of $20,000 were declared and paid on the preferred The company had outstanding stock options for 5,000 shares of common stock at an exercise price of $20. The average market price during the year was $40 The company also had $400,000 of 10% convertible bonds (sold at par value) convertible to 16,000 shares of common stock Compute basic earnings per share Identify whether the BONDS are dilute or antidilute, showing computations to support your awer Compute diluted earnings per share