Information from the financial statements of Ames Fabricators, Inc., included the following: December 31 100,000 100,000 32,400 32,400 2018 2017 Common shares Convertible preferred shares (convertible into 66,000 shares of common) 10% convertible bonds (convertible into 38,000 shares of common) $1,000,000 $1,00, 080 Ames's net income for the year ended December 31, 2018, is $840,000. The income tax rate is 40%. Ames paid s dividends of $5 per share on its preferred stock during 2018 Required Compute ba?ic and diluted earnings per share for the year ended December 31, 2018. (Enter your answers in thousands) K Prev 5 of 6Next > search 7/2