TF 5:59 11 20- 5 ACCT3103 - Intermediate Financial Accounting II Assignment 5 3. 4. Question 1 (Basic and diluted earnings per share): Pedro Company has accumulated the following information relevant to its 2023 earnings per share. 1. Net income for 2023, $325,000. 2. 5. T 6. ... 7. O Bonds payable: On February 1, 2023, the company had issued 10%, $180,000 bonds. Each $1,000 bond is currently convertible into 15 shares of ordinary share. To date, no bonds have been converted. Bonds payable: On January 1, 2023, the company had issued $620,000 of 6% bonds. Each $1,000 bond is currently convertible into 6 shares of ordinary share. To date, no bonds have been converted. Preference share: On July 1, 2023, the company had issued 6,000 shares of $8 preference share at $105 per share. Each share of preference share is currently convertible into 3 shares of ordinary share. To date, no preference share has been converted and no additional shares of preference share have been issued. The current dividends have been paid