In $2024,$ Splish enterprises issued, at par, $60$ $$1,000,8\%$ bonds, each convertible into $100$ shares of common stock. Splish had revenues of $$20,600$ and expenses other than interest and taxes of $$8,000$ for $2025.($Assume that the tax rate is $20\%)$ Throughout $2025,1,900$ shares of common stock were outstanding; none of the bonds was converted or redeemed.