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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

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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 78,000 shares of common) 81 convertible bonds (convertible into 30,000 shares of common 30,000 30,000 $1,000,000 $1,000,000 ces Ames's net income for the year ended December 31, 2021, is $800,000. 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 i Denominator Earnings per Share Basic Diluted

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