How did these answers come out by the exhibit below??

Exhibits))

Scroll down to complete all parts of this task. During years 1 and 2, JLC Corp., a calendar-year-end company, had several transactions related to raising capital. The exhibit above contains the JLC stock information used in the capital transactions. For each situation in the table below, click the cell in the Amount column and enter the appropriate value as relates to JLC's diluted-earnings-per-share computation for the six months ended June 30 , year 2 . Use the facts in the exhibit above and assume no income taxes. Round all amounts to the nearest whole number except for diluted earnings per share. Round diluted earnings per share to two decimal places. If an amount is zero, enter a zero (0). Diluted earnings-per-share worksheet For the six months ended June 30 , year 2 The following information relates to JLC stock used in capital transactions: - In the second quarter of year 1, JLC issued 600,000 shares of convertible preferred stock for assets in a purchase transaction. The quarterly dividend on the convertible stock is $0.05 per share, payable at the end of each quarter. Each share is convertible into one share of common stock. - Common shares outstanding at January 1, year 2, were 3,300,000. - Warrants to buy 500,000 shares of common stock at $60 per share for five years were issued on January 1 , year 2. - 300,000 shares of common stock were issued for cash on March 31, year 2. - The average market price for common stock for the first six months of year 2 was $59 per share. Additionally: - In the last quarter of year 1,JLC issued 4% convertible debentures with a principal of $10,000,000, due in 20 years, at $1,000 (par). Interest is payable annually on November 1. Each $1,000 debenture is convertible into 20 shares of common stock. - JLC did not declare or pay any dividends on its common stock for year 2. - JLC's quarterly net income for year 2 was