Oakridge Corporation has provided the information that follows related to its calculation of earnings per share for 2023. Its common shares and bonds were outstanding during the entire year.

1. Net income $400,000
2. Common shares outstanding 100,000
3. Face value of convertible bonds 900,000
4. Shares into which bonds can be converted 15,000
5. Face rate of the bonds 10%
6. Tax rate 25%

Function: IF; Formula: Subtract, Multiply, Divide, Add; Cell Referencing Using Excel to Calculate Dilutive Earnings Per Share PROBLEM Oakridge Corporation has provided the information that follows related to its calculation of earnings per share for 2023. Its common shares and bonds were outstanding during the entire year. \begin{tabular}{lr} Net income & $400,000 \\ Common shares outstanding & 100,000 \\ Face value of convertible bonds & 900,000 \\ Shares into which bonds can be converted & 15,000 \\ Face rate of the bonds & 10% \\ Tax rate & 25% \end{tabular} Student Work Area Required: Provide input into cells shaded in yellow in this template. Input the required mathematical formulas or functions with cell references to the Problem area or work area as indicated. Calculate Oakridge's 2023 basic and diluted earnings per share. For simplicity, ignore the IFRS requirement to record the debt and equity components of the bonds separately. Basic earnings per share $ 4.00 Potential increase in diluted EPS numerator Potential increase in diluted EPS denominator Test of antidilutive bonds Diluted earnings per share