Information from the financial statements of Henderson-Niles Industries the followinf at Dec 31, 2011. Common Shares outstanding throughout the year: 80 million Convertible preferred shares(convertible into 30 million shares of common): 56 million Convertible 10% bonds(convertible into 12.00 million shares of common): $930 million Henderson-Niles net income for the year ended December 31, 2011, is $540 million. The income tax rate is 35%. Henderson-Niles paid dividends of $1 per share on its preferred stock during 2011. Compute basic and diluted earnings per share for the year ended December 31,2011