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Problem 1- 16 points Amo Inc has 6,000,000 shares of common stock outstanding on December 31, 2023. No shares were issued in 2024. On January

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Problem 1- 16 points Amo Inc has 6,000,000 shares of common stock outstanding on December 31, 2023. No shares were issued in 2024. On January 1, 2024, Amo issued 24,000, $1,000 face value, 8% convertible bonds. Each bond is convertible into 25 shares of common stock. No bonds were converted into common stock in 2024. Net income after taxes is $15,000,000 and the tax rate is 30%. Compute EPS and DEPS. Show all computations for the numerators and the denominators

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