Information from the financial statements of Ames Fabricators, Inc., included the following: December 31 2018 2017 100,000 100,000 Common shares Convertible preferred shares (convertible into 48,000 shares of common) 10% convertible bonds (convertible into 20,000 shares of common) 21,600 21,600 $1,000,000 $1,000,000 Ames's net income for the year ended December 31, 2018, is $660,000. 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 1 Denominator Earnings per Share Basic EPS 1 0 Diluted EPS /