Information from the financial statements of Ames Fabricators, Inc., included the following: December 31 2021 2020 Common shares 100, 000 100,000 Convertible preferred shares (convertible into 68,000 shares of common) 26, 400 2 6, 400 8% convertible bonds (convertible into 30,000 shares of common) $1,000,000 $1,000,000 Ames's net income for the year ended December 31, 2021, is $740,000. 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 T Denominator = Earnings per Share Basic Diluted = 0