Plymouth Company holds a $90\%$ interest in Savannah, Inc., which was acquired in a previous year. As of the end of the current fiscal period, the following information is available: Plymouth Company $$80,00025,000$ Savannah Inc. $$60,00012,0002,000$ Internally generated net income Weighted average common shares outstanding Warrants to acquire sub's common stock: Held by unaffiliated investors Warrants to acquire parent's common stock: Held by Savannah Held by unaffiliated investors Preferred shares $5\%$ convertible, par $$100$ Preferred shares $10\%$ nonconvertible, par $$21,0002,0001,0005,000$ Additional information: The warrants to acquire Savannah stock were issued July $1$ of the current year. Exercise price is $$9$; stock price is $$12.$ The warrants to acquire Plymouth stock were issued in a previous fiscal period. Exercise price is $$12$; stock price is $$18.$ Each share of convertible preferred can be converted into $5$ shares of Savannah common stock. Plymouth owns $60\%$ of the convertible preferred stock. Required: Compute consolidated basic and diluted earnings per share for the current year. Ignore any tax effects.