Problem 19-14 EPS; convertible preferred stock; convertible bonds; order of entry [LO19-7, 19-9, 19-10] Information from the financial statements of Henderson-Niles Industries included the following at December 31, 2018: Common shares outstanding throughout the year Convertible preferred shares (convertible into 36 million shares of common) Convertible 10% bonds (convertible into 23.0 million shares of common) 100 million 75 million $2,800 million Henderson-Niles's net income for the year ended December 31, 2018, is $960 million. The income tax rate is 40%. Henderson-Niles paid dividends of $3 per share on its preferred stock during 2018. Required: Compute basic and diluted earnings per share for the year ended December 31, 2018. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) Numerator Denominator = Earnings per share 1 = Basic Diluted 1