Information from the financial statements of Ames Fabricators, Inc., included the following: December 31 2021 2020 100,000 100,000 Common shares Convertible preferred shares (convertible into 70,000 shares of common) 8t convertible bonds (convertible into 30,000 shares of common) 27,600 27,600 $1,000,000 $1,000,000 Ames's net income for the year ended December 31, 2021, is $760,000. The income tax rate is 25%. Ames paid dividends of $5 per share on its preferred stock during 2021. Required: Compute basic and diluted earnings per share for the year ended December 31, 2021. (Enter your answers in thousands. Do not round Intermediate calculations.) Numerator Denominator - Earnings per Share Basic Diluted