On December 31, 2022, SYB Inc. had 8,881,000 shares of common stock issued and outstanding. On April 1, 2023 the company sold an additional 6,661,000 shares of common stock for $15 per share. If net income for 2023 was $7,726,000, what will SYB Inc. report as basic EPS? (NIE 12) JOn September 1, 2023, right after an interest payment, $4,511,000 of P&S, Inc.'s outstanding bonds were converted into 677,000 shares of P&S, Inc.'s $2 par value common stock. At the time of the conversion, the common stock had a market value of $3 and the bond had an unamortized discount of $113,000. Based on this information, what will be the change in P&S, Inc.'s additional paid in capital - common stock account due to the conversion? (NIE 13)