L ACCOUNTING I CRN-... Remaining Time: 3 hours, 12 minutes, 50 seconds. Question Completion Status: QUESTION 6 Nimrit Inc. reported net income of $ 2,600,000 for calendar 2019, and an average of 400,000 common shares outstanding during the year. Barker issued $ 2,000,000 par value, 10-year, 9% convertible bonds on January 1, 2018. The bonds are convertible into 60,000 common shares. Barker uses the straight-line method for amortizing the bond discount Company's income tax rate is 20 tax rate. Instructions A. Calculate basic and diluted earnings per share for 2019. Arial 3 (12pt) Words:0 Patho