Please do 11-12 and show all the work! Thank you!

The Heath Corporation reported net income for 2015 of $177, 500. Heath began the year with 100,000 shares of $5 par value common shares outstanding and 2, 500 shares of $1000 par value 7% preferred shares outstanding. On October 1, Heath sold 10,000 shares of common stock for $6 per share. Heath paid dividends of $0.20 per share to the common shareholders in December. What is the basic earnings per share for 2015? (Round to cents.) If each share of preferred stock is convertible into 8 shares of common stock, what is the diluted earnings per share for 2015? (Round to cents.) On January 1, assume that ABX Company issues $1,000,000 of 7-year, 6% bonds, the yield to 4.5%, and the interest is payable annually on December 31. Find the interest expense in the fourth year. Use the effective interest rate method for amortization. Find the carrying amount of he bond at the end of the fourth year, Use the effective interest method for amortization. At the beginning of the fifth year, the market yield to maturity is 5.5%. ABX Company decide extinguish the bonds by paying the market price. Determine the amount of the gain or loss on extinguishment. (Clearly indicate gain or loss and the amount.)