Information from the financial statements of Henderson-Niles Industries included the following at December 3 2018: P 19-14 7 EPS, convertible preferred stock; convertible bonds; order of entry .LO19-7, LO19-9, LO19-10 Common shares outstanding throughout the year Convertible preferred shares (convertible into 32 million shares of common) Convertible 10% bonds (convertible Into 13.5 million shares of common 100 million 60 milion 5900 Henderson-Niles's net income for the year ended December 31, 2018.is 5520 million. The income tax ratas 40% Henderson-Niles paid dividends of $2 per share on its preferred stock during 2018 Required: Compute basic and diluted earnings per share for the year ended December 31, 2018