The following information was taken from the books and records of Ludwick, Incorporated 1. Net income was $419,000. next for capital structure a. Convertible 6% bonds. Each of the 250, $1,000 bonds are convertible into 50 shares of common stock at the present date and for the next 10 years. Coming to $250,000 B. $10 par common stock, two hundred thousand shares issued and outstanding during the entire year coming to 2 million dollars C.Stock warrants outstanding to buy 14560 shares of common stock at $20 per share. Next 3. Other information: a. Bonds converted during the year none B. Income tax rate 30%. C. No convertible debt was outstanding the entire year d. Average market price per share of common stock during the year was $32 e. There were no warrants outstanding the entire year f. There were no warrants exercised during the year. first compute basic earnings per share. Next compute diluted earnings per share needed for common stock ,warrants and conversion bonds. the EPS for each