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Information from the financial statements of Ames Fabricators, Inc., included the following: December 31 2018 100,000 2017 100,000 Common shares Convertible preferred shares (convertible into

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Information from the financial statements of Ames Fabricators, Inc., included the following: December 31 2018 100,000 2017 100,000 Common shares Convertible preferred shares (convertible into 66,000 shares of common) 32,488 32,400 10% convertible bonds (convertible into 30,000 shares of common) $1,000,000 $1,00e,000 Ames's net income for the year ended December 31, 2018, is $840,000. The income tax rate is 40%. Ames paid dividends of $5 per share on its preferred stock during 2018. Required: Compute basic and diluted earnings per share for the year ended December 31, 2018. (Enter your answers in thousands.) Numerator DenominatorEarnings per Share Basic EPS Diluted EPS

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