Ivanhoe Inc. had 506,000 common shares outstanding for the entire fiscal year ended August 31, 2020. Ivanhoe has 105,000 outstanding $2 cumulative, no-par value preferred shares. All shares were outstanding for the full year. Options were written at the start of the fiscal year to purchase 30,000 common shares at $17 per share. The average market price of Ivanhoe's common shares during the year ended August 31, 2020 was $25 per share. The options expire in 2029, and none were actually exercised during the current year. Also outstanding for the entire year was a 8% bond with a face value of $5,400.000. convertible to 145,800 common shares. Ivanhoe Inc's net income for the year was $2,740,000, and the income tax rate for the fiscal year was 40%. (For simplicity, ignore the requirement to record the debt and equity portions of the convertible bond separately). Calculate the income effect of the dividends on preferred shares. $ TA Dividends on preferred shares e Textbook and Media Calculate Ivanhoe Inc's basic earnings per share for the year ended August 31, 2020. (Round answer to 2 decimal places, e.g. 15.25.) Basic EPS $ e Textbook and Media Calculate the after-tax interest paid on the 8% bonds. $ After-tax interest on bonds converted e Textbook and Media Determine an incremental per share effect for 8% bonds. (Round earnings per share to 2 decimal places, e.g. 15.25.) Potentially dilutive security Incremental Numerator Effect Incremental Denominator Effect EPS 8% Bonds $ $ $ e Textbook and Media Calculate the proceeds from assumed exercise of 30,000 options. $ Proceeds from exercise of options Calculate the incremental shares oustanding upon the exercise of options. The incremental shares oustanding upon the exercise of options Rank the potentially dilutive securities from most dilutive to least dilutive. 8% bonds > Options e Textbook and Media Calculate Ivanhoe Inc's diluted earnings per share for the year ended August 31, 2020. (Round calculations of EPS to 3 decimal places, eg. $3.545 and provide final answer to 2 decimal places, eg. 15.25.) Numerator Denominator EPS Basic EPS $ $ Sub Total $ $