Exercise 19-21 EPS; convertible preferred stock; convertible bonds; order of entry [LO19-7, 19-9) Information from the financial statements of Ames Fabricators, Inc., included the following: December 31 2018 2017 100,000 100,000 Common shares Convertible preferred shares (convertible into 68,000 shares of common) 10% convertible bonds (convertible into 20,000 shares of common) 33,600 33,600 $1,800,000 $1,000,000 Ames's net income for the year ended December 31, 2018. is $860,000. The income tax rate is 40%. Ames paid dividends of $5 per share on its preferred stock during 2018 Required: Compute basic and diluted earnings per share for the year ended December 31, 2018. (Enter your answers in thousands.) Numerator Denominator - Earnings per Share Basic EPS Diluted EPS