Paul Company had 100,000 shares of common stock outstanding on January 1. 2018. On September 30, 2018, Paul sold 39,000 shares of common stock for cash Paul also had 5,500 shares of convertible preferred stock outstanding throughout 2018 The preferred stock is $100 par, 7%, and is convertible into 3 shares of common for each share of preferred Paul also had 410.9%, convertible bonds outstanding throughout 2018. Each $1,000 bond is convertible into 30 share value Reported net income for 2018 was $210,000 with a 40% tax rate. Common shareholders received S110 per share dividends after s of common stock. The bonds sold originally at face preferred dividends were paid in 2018 Required: Compute basic and diluted earnings per share for 2018. (Round your answers to 2 decimal places.) Earning per Basicshare Diluted