On June 1,2018. Swifty Compariy and Nash Compary merged to form Crane inc. A total of 870,000 shares were issued to complete the mer ger. The new corporation reports on a calendar year basis On April 1,2020, the company iswed an additional 543,000 shares of stock for cash. Al 1.413 .000 shares were cutstanding cn December 31,2020 Crane tnc atio issued $000,000 of 20 - yoar, 8s corvertible bonds at par on hily, 1.2020 Each $1,000 bond converts to 38 stareiof coenenon at any interest date. None of the bonds have been corverted to date Crane inc is preparing its animal report for the fivcal year endine Deccenber 31,2020 . Tht annal report wil show earnings per stiase hegures based upona reported after tac net income of $1,413000 ( The lix rate b 200 ) Determine the folsowing for 2090 (a) The number of shares to be uted for cakulating (hound onswers tn o decumal plocesies $2.500 ) (2) Haik enrients perstare ifures (a) The number of shares to be used for calculating: (Round answers to 0 decdmal places, es. 52,500) (1) Basic earnings per share shares (2) Diluted earnings per share shares (b) The earnings figures to be used for calculating: (Round answers to 0 decimal places eg. 52.500.) (1) Basic earnings per share (2) Diluted earnings pershare