In $2019.$ Vaughn Enterprises issued, at par, $60$$$1,000,8\%$ bonds, each convertible into $100$ shares of common stock Vaughn had

revenues of $$18,700$ and expenses other than interest and taxes of $$8,300$ for $2020.($Assume that the tax rate is $20\%.)$ Throughout

$2020,2,000$ shares of common stock were outstanding; none of the bonds was converted or redeemed.

$($a$)$ Compute diluted earnings per share for $2020.($Round answer to $2$ decimal places, eg $$255.$

Earnings per shar$$

$

$($b$)$ Assume the same facts as those assumed for part $($a$).$ of spt that the $60$ bonds were issued on September$1,2020($rather than in

$,$ and none have been converted or redeemed. Compute diluted earnings per share for $2020.($Round answer to $2$ decimal places,

e$.$g$.$ $$255.$

Earnings per share $

$($c$)$ Assume the same facts as assumed for part $($a$),$ except that $20$ of the $60$ bonds were actually converted on July $1,2020.$ Compute

diluted earnings per share for $2020.($Round answer to $2$ decimal places, eg$.$ $$2\mathrm{.}55.)$

Earnings per share $

A$=1\mathrm{.}04$

C doesnt equal $1\mathrm{.}01$

B does not equal $\mathrm{.}72$ or $2\mathrm{.}88$ or $1\mathrm{.}44$