Richie Candy Corporation issued 20-year, $10,000,000 face value, 9% convertible debentures on January 1, 2025. The bonds have a par value of $1,000, with interest payable semiannually. The initial conversion ratio is 10:1, and in 3 years it will increase to 12:1. At the date of issue, the boeds were sold at 105. Bond premium is amortized on a straight-line basis. Richie Candy's effective tax rate was 20%. Net income in 2025 was $26,860,000, and the company had 12,800,000 common shares issued and outstanding during the entire year. Discuss how the schedule would differ if the security was convertible preferred stock