On January 1, 2017, Riverbed Company issued 10-year, $1.900,000 face value, 6% bonds, at par. Each S 1,000 bond is convertible into 14 shares of Riverbed common stock. Riverbed's net income in 2017 was $276,000 and its tax rate was 4 %. The company had 108,000 shares of common stock outstanding through 2017 None of the bonds were converted in 2017 (a) Compute diluted earnings per share for 2017.(Round answer to 2 decimal places, eg. $2.55) Diluted earnings per share $ (b Compute diluted earnings per share for 2017, assuming the same facts as above, except that $1,080,000 of 6% convertible preferred stock was issued instead of t bonds. Each $100 preferred share is convertible into 5 shares of Riverbed common stock. (Round answer to 2decimal places, eg. $2.55) Diluted earnings per share