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On June 1. 2018, Blue Company and Kingbird Company merged to form Oriole Inc. Atotal of 876,000 shares were issued to completo the merger. The new corporation reports on a calendar year basis On April 1, 2020, the company issued an additional 637,000 shares of stock for cash. All 1.513.000 shares were outstanding on December 31, 2020 Oriole Inc. also issued $600.000 of 20-year, 8% convertible bonds ot par on July 1, 2020. Each 51.000 bond converts to 4 shares of common at any interest date. None of the bonds have been converted to date, Orlole Inc. is preparing its annual report for the fiscal year ending December 31, 2020. The annual report will show earnings per share figures based upon a reported after-tax net income of $1491000. (The tax rate is 20%) Determine the following for 2020 (a) The number of shares to be used for calculating: (Round answers to decimal places, es $2.500) (1) Basic earnings per share shares (2) shares Diluted earnings per share (b) The earnings figures to be used for calculating: (Round answers to decimal places as $2,500) (a) The number of shares to be used for calculating: (Round answers to decimal places, e.g. $2,500.) (1) Basic earnings per share shares (2) Diluted earnings per share shares (b) The earnings figures to be used for calculating: (Round answers to decimal places, eg. $2,500.) (1) Basic earnings per share $ (2) Diluted earnings per share $