Following is information taken from Larkspur Inc's December 31, 2021 balance sheet: 5% bonds payable, $6,498,000 maturing December 31, 2022, each $1,000 bond convertible into 19 common shares 8% bonds payable, $4,516,000, maturing December 31, 2023, each $1,000 bond convertible into 25 common shares at any time up to December 31, 2023 Cumulative preferred shares, $5, no-par value, convertible at 1 preferred share for 4 common shares, 49,400 shares outstanding Common shares, no par-value, 2,903,000 shares outstanding $6,498,000 $4,516,000 $988,000 Larkspur's net income for 2021 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. (For simplicity, ignore the requirement to record the debt and equity portions of the convertible bond separately). Calculate the income effect of the dividends on preferred shares. Dividends on preferred shares eTextbook and Media $ Calculate Larkspur's basic EPS for 2021. (Round answer to 2 decimal places, e.g. 15.25.) Basic EPS $ eTextbook and Media Calculate the after-tax interest paid on the 5% bonds. After-tax interest on 5% bonds $ Determine an incremental per share effect for 5% bonds. (Round earnings per share to 3 decimal places, e.g. 15.257.) Potentially dilutive security Incremental Numerator Effect 5% Bonds $ eTextbook and Media Calculate the after-tax interest paid on the 8% bonds. After-tax interest on 8% bonds eTextbook and Media $ Incremental Denominator Effect $ EPS Determine an incremental per share effect for 8% bonds. (Round earnings per share to 3 decimal places, e.g. 15.257.) Potentially dilutive security 8% Bonds eTextbook and Media $ Incremental Numerator Effect Incremental Denominator Effect $ EPS Determine an incremental per share effect for $5 preferred shares. (Round earnings per share to 3 decimal places, e.g. 15.257.) Potentially dilutive security $5 Preferred shares $ Incremental Numerator Effect Incremental Denominator Effect $ EPS Rank the potentially dilutive securities from most dilutive to least dilutive. 5% bonds 8% bonds $5 preferred shares eTextbook and Media Calculate Larkspur's diluted EPS for 2021. (Round calculations of EPS to 3 decimal places, e.g. $3.545 and provide final answer to 2 decimal places, e.g. 15.25.) Numerator $ Basic Sub Total Diluted EPS Denominator $ EPS