Problem 16-8 The information below pertains to Splish Company for 2018. $1,140,000 2,010,000 Net income for the year 6% convertible bonds issued at par (51,000 per bond), each bond is convertible into 30 shares of common stock convertible, cumulative preferred stock, $100 par value; each share is convertible into 3 shares of common stock Common stock, $10 par value Tax rate for 2018 Average market price of common 3,820.000 5.620,000 40 $25 per share There were no changes during 2018 in the number of common shares, preferred shares or convertible bonds outstanding. There is no treasury stock. The company also has common stock options (granted in a prior year) to purchase 77.900 shares of common stock at $20 per share (0) Compute bosc earrings per share for 2018. (Round answer to 2 decimal places,.. 92.55.) Basic earnings per shares (1) Compute diluted earnings per share for 2018. (Round answer to 2 decimal places, $2.55.) Diluted carings per shares Click if you would like to show Work for this question: Open Show Work