has 4200000 shares of common stock outstanding on december 31 2017 an additional 800000 shares

000,000 40, 0 402p00 261, Oco 42 Laurent Co, Incorporated, has 4200,000 shares of common stock outstanding on December 31, 700 g on December 31, 2017 000 shares of common stock ere issued on An additional 800, Api 1, 2018, and 400,000 more on July 1, 2018. On October 1, 2018, Laurent issued 20,000, $1.000 face value, 8% convertible bonds. were converted into common stock in 2018. What is the number of shares Each bond is convertible into 20 shares of common stock. No bonds to be used in computing basic earnings per share and diluted earnings per share, respectively? 15pts)