On January 1, 2018, Breddit, Inc. issued 10-year, $2,000,000 face value, 6% bonds, at par. Each $1,000 bond is convertible into 16 shares of Breddit common stock. Breddits net income in 2018 was $325,000, and its tax rate was 35%. The company had 100,000 shares of common stock outstanding throughout 2018. None of the bonds were converted in 2018. Instructions: Compute earnings per share for 2018

Computer diluted earnings per share for 2018