Information from the financial statements of Ames Fabricators, Inc., included the following: Decemher 31 Ccrrrrcn shares Convertible preferred shares (convertible into 90,000 shares cf common) convertible bonds (convertible into SO, 000 shares of c crrmcn ) 2021 100, ooo 34, soo 2020 100, ooo 34, soo $1, ooo $1, ooo Ames's net income for the year ended December 31, 2021, is $880,000. The income tax rate is 25%_ Ames paid dividends of $5 per share on its preferred stock during 2021. Required: Compute basic and diluted earnings per share for the year ended December 31, 2021_ (Enter your answers in thousands (For example, 100,000 should be entered as 100). Do not round intermediate calculations.) Basic Diluted Information from the financial statements of Ames Fabricators, Inc., included the following: Decemher 31 Ccrrrrcn shares Convertible preferred shares (convertible into 90,000 shares cf common) convertible bonds (convertible into SO, 000 shares of c crrmcn ) 2021 100, ooo 34, soo 2020 100, ooo 34, soo $1, ooo $1, ooo Ames's net income for the year ended December 31, 2021, is $880,000. The income tax rate is 25%_ Ames paid dividends of $5 per share on its preferred stock during 2021. Required: Compute basic and diluted earnings per share for the year ended December 31, 2021_ (Enter your answers in thousands (For example, 100,000 should be entered as 100). Do not round intermediate calculations.) Basic Diluted