Legoria$$s net income for the year ended $12/31/24$ is $$600,000.$ The income tax rate is $20\%.$ The preferred stock is cumulative and pays dividends of $$8$ per share. However, no preferred dividends were paid on the preferred stock during $2024.$ There were no actual conversions of preferred stock or bonds during the year. Both the Convertible Preferred stock and Convertible Bonds were issued at Par Value