Information for Jackson Corporation for 2026: Net Income of $875,000. Common shares outstanding all year of 412,500. Jackson has 150,000 options to buy common stock at $50 a share outstanding. The market price of the common stock averaged $75 during 2026. During all of 2026, there were 5,000 shares of 10%, $100 par, cumulative, convertible preferred stock outstanding. Each share is convertible into eight shares of common stock. No dividends had been declared or paid in 2026. Jackson issued $5,000,000 of 5%, 15-year, convertible bonds at face value on January 1, 2026. Interest is paid semi-annually on June 30 and December 31. Each $1,000 bond is convertible into 25 shares of common stock. Jackson issued $1,000,000 of 6%, 10-year, convertible bonds at 98 on January 1, 2025 Interest is paid annually on December 31. Jackson uses straight-line amortization of bond discount or premium. Each $1,000 bond is convertible into 50 shares of common stock. Tax rate is 25%. Required: Compute basic and diluted earnings per share for 2026. Show ALL calculations CLEARLY and well organized!!!